AiCoin Daily Report (December 13)

  1. Five Cryptocurrency Companies Approved for US Banking Licenses

Five cryptocurrency companies have received provisional approval for US banking licenses. -Original

  1. Federal Reserve’s Goolsbee: Rate Cuts Not Considered Impossible in the Long Term

Federal Reserve’s Goolsbee stated that it is not the case that the Federal Reserve cannot consider rate cuts in the long term. -Original

  1. Gold Prices Break Through $4350, Hit Record High

Gold prices surpass $4350. -Original

  1. People’s Bank of China Will Flexibly Use Tools like Reserve Requirement Ratio Cuts and Rate Cuts to Support Economic Growth

The Party Committee of the People’s Bank of China held a meeting emphasizing the continued implementation of moderately easing monetary policy and accelerating financial supply-side structural reforms. The meeting pointed out that promoting stable economic growth and reasonable price increases are important considerations for monetary policy, with flexible and efficient use of tools such as reserve requirement ratio cuts and rate cuts to maintain ample liquidity. At the same time, strengthen coordination with fiscal policies, guide financial institutions to support expanding domestic demand, technological innovation, and other areas, and keep the RMB exchange rate basically stable. -Original

  1. EU Plans to Transfer Cryptocurrency Regulation Authority to European Securities and Markets Authority

The EU is promoting the transfer of cryptocurrency regulatory functions to the European Securities and Markets Authority (ESMA), aiming to reduce regional friction through centralized regulation. Industry players are also paying attention to the implementation effects of MiCA regulations and specific areas where adoption is slowing. -Original

  1. USDC Treasury Minted 85 Million USDC on the Solana Chain

USDC Treasury has newly minted 85 million USDC on the Solana chain. -Original

  1. BitGo Receives Regulatory Approval to Operate as a Bank

BitGo has obtained regulatory approval to operate as a bank. -Original

  1. UAE Fuel Retailer Will Accept Stablecoin Payments at 980 Stations

UAE’s largest fuel retailer ADNOC has reached an agreement with Al Maryah Community Bank to introduce stablecoin payments at ADNOC retail outlets in the UAE, Saudi Arabia, and Ethiopia. This payment method will be available at ADNOC gas pumps, stores, and car wash services, covering 980 stations. -Original

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