稳定币监管风暴

#稳定币监管风暴 2025 The global regulatory storm for stablecoins that erupted in 2023 is primarily centered around major financial regions such as the US and Hong Kong, which have intensively introduced regulatory rules to form differentiated regulatory frameworks. This has also triggered market compliance games and risk warnings, fundamentally representing the competition among countries for digital financial discourse. Here are the key pieces of information:

1. United States: In July, Trump signed the "Genius Act," which is the first federal legislation on stablecoins. The act requires stablecoins to be pegged to the US dollar at a 1:1 ratio, with reserves directed towards US dollar cash, US Treasury bonds, and other assets, providing official backing for US dollar stablecoins while also creating new demand for US Treasury bonds to alleviate the US debt crisis through stablecoin expansion. Additionally, California's "Digital Financial Assets Act" mandates that stablecoin issuers must hold a banking license or pass stringent reviews, raising the threshold for issuance.
​
2. Hong Kong: On August 1st, the "Stablecoin Ordinance" was officially implemented, making it the world's first comprehensive regulatory framework for fiat-backed stablecoins. The ordinance sets strict standards, such as requiring the applicant institution to have a paid-in capital of no less than 25 million HKD, and to allocate 100% in highly liquid assets; moreover, only 3 - 4 licenses will be issued in the first batch, creating scarcity that triggers capital competition. The Securities and Futures Commission has also warned that it has received 265 complaints related to virtual asset trading in the first half of the year, cautioning against institutions using license applications to manipulate stock prices.
​
3. Market chain reactions: On one hand, California's stringent policies have accelerated the shift of many institutions with genuine business but unable to meet the requirements towards Hong Kong; on the other hand, non-compliance risks have become prominent, such as the offshore RMB stablecoin CNHTO launched by Tether on the Conflux blockchain in November, which has been flagged for high risk due to lack of regulation and sovereign backing. Furthermore, the total market capitalization of stablecoins across the network has already surpassed 276.9 billion USD, and the differences in regulatory policies have prompted global stablecoin projects and capital to begin reassessing their regional strategies.

#稳定币监管风暴 2025 The global storm of stablecoin regulation that erupted in 2025 centers around the intensive introduction of regulatory rules in major financial regions such as the US and Hong Kong, forming a differentiated regulatory framework. This has also triggered compliance games and risk warnings in the market, fundamentally representing the competition among countries for digital financial discourse power. Here is the key information:

1. United States: In July, Trump signed the "Genius Act," which is the first federal-level stablecoin legislation. The bill requires stablecoins to be pegged to the US dollar at a 1:1 ratio, with reserves needing to be invested in US dollar cash, US Treasury bonds, and other assets, providing official backing for US dollar stablecoins while also aiming to create new demand for US Treasury bonds through the expansion of stablecoins to alleviate the US debt crisis. Additionally, California's passed "Digital Financial Assets Act" mandates that stablecoin issuers must hold a banking license or undergo rigorous audits, raising the threshold for issuance.
​
2. Hong Kong: On August 1, the "Stablecoin Ordinance" officially came into effect, becoming the world's first comprehensive regulatory framework for fiat-backed stablecoins. The ordinance sets stringent standards, such as requiring applicant institutions to have a paid-in capital of no less than 25 million HKD and to allocate 100% in highly liquid assets; the first batch of licenses is limited to only 3 - 4 companies, creating scarcity that triggers capital competition. Meanwhile, the Securities and Futures Commission warned that it has received 265 complaints related to virtual asset trading in the first half of the year, urging vigilance against traps where institutions may manipulate stock prices by applying for licenses.
​
3. Market chain reactions: On one hand, California's stringent policies have accelerated the shift of many institutions that do not meet the requirements but have real businesses towards Hong Kong; on the other hand, non-compliance risks have become prominent, such as the offshore RMB stablecoin CNHTO launched by Tether on the Conflux public chain in November, which has been warned of high risks due to lack of regulation and sovereign backing. In addition, the total market value of stablecoins across the network has exceeded 276.9 billion USD, and the differences in regulatory policies have also led global stablecoin projects and capital to begin reselecting their deployment regions.

#稳定币监管风暴 2025 The global regulatory storm surrounding stablecoins that erupted in 2023 centers on major financial regions such as the US and Hong Kong intensively issuing regulatory rules, forming a differentiated regulatory framework. This has also triggered a compliance game and risk warnings in the market, fundamentally representing the competition among countries for digital financial discourse power. Here is the key information:

1. United States: In July, Trump signed the "Genius Act," which is the first federal-level stablecoin legislation. The bill requires stablecoins to be pegged to the US dollar at a 1:1 ratio, with reserves needing to be invested in US dollar cash, US Treasury bonds, and other assets, providing official backing for US dollar stablecoins while also aiming to create new demand for US Treasury bonds through the expansion of stablecoins to resolve the US debt crisis. In addition, California's passed "Digital Financial Assets Act" requires stablecoin issuers to hold a banking license or undergo rigorous scrutiny, raising the threshold for issuance.
​
2. Hong Kong: On August 1, the "Stablecoin Ordinance" was officially implemented, becoming the world's first comprehensive regulatory framework for fiat stablecoins. The ordinance establishes strict standards, such as requiring applying institutions to have a paid-in capital of no less than 25 million HKD and 100% allocation of highly liquid assets; and only 3 to 4 licenses will be issued in the first batch, creating scarcity that triggers capital competition. At the same time, the Securities and Futures Commission warned that it had received 265 complaints related to virtual asset trading in the first half of the year and cautioned against the trap of institutions using license applications to speculate on stock prices.
​
3. Market chain reaction: On one hand, California's stringent policies have accelerated many institutions that do not meet the requirements but have real businesses to turn to Hong Kong; on the other hand, non-compliance risks have become prominent, such as the offshore RMB stablecoin CNHTO launched by Tether on the Conflux public blockchain in November, which has been warned to be high risk due to lack of regulation and sovereign backing. In addition, the total market value of stablecoins across the network has surpassed 276.9 billion USD, and the differences in regulatory policies have also prompted global stablecoin projects and capital to start reselecting their deployment areas.

$ZEC Brothers! I'm not here to flaunt my profits! If you want to take your money out of the contract, you must remember these 5 life-saving tips!💰

Money in the cryptocurrency world comes in fast but goes out even faster! Today, let's get straight to the point on how to play contracts to make steady profits.

I have a fan who entered the market three months ago with 2000U, and he didn't even know the difference between perpetual contracts and delivery. Now he has a steady 220,000U in his account. It's not luck; it's because I taught him the rule of "survival comes before profit."

The method is very simple: start with 1000U for testing the waters, and only use 200U to play 50x contracts each time. If the direction is right, a 2% increase is close to doubling; if wrong, you can withdraw in time.

These five iron rules, missing one could lead to a liquidation!⚠️

🚨 Cut losses immediately if wrong, don't wait for a rebound
When I first started, I got liquidated twice, all because of the thought "let's wait a bit more for it to bounce back." Later, I understood: when it hits the stop-loss point, decisively close the position; staying alive means there will be another opportunity! Proving yourself against the market is useless!

🚨 Stop after three consecutive losses
The market can sometimes act like a headless fly, and stubbornly holding on will only lead to greater losses and a blown mindset. I set a strict rule for myself: if I have three consecutive losses, I close my computer, eat when it's time to eat, sleep when it's time to sleep, and wait until the next day's market is clear before making a move.

🚨 Withdraw 2000U once earned, don't be greedy
The numbers in the account are all virtual; a wave of correction can swallow them back! Now, as soon as I earn 2000U, I immediately withdraw 1000U to transfer to a cold wallet. The money that is securely in hand is real profit; the rest can be used to roll over, giving me peace of mind!

🚨 Only follow trends, lay flat during fluctuations
When there is a clear trend, 50x leverage can help amplify your profits; but during sideways fluctuations, leverage is like a scythe harvesting you! No direction in the market? I'd rather stare blankly at the K-line than get itchy fingers and open a position; random trading is like giving away money!

🚨 Don't treat contracts like a casino
Going all in is like walking with a bomb; just a slight bump can cause it to explode! Only with light positions can you withstand small fluctuations, and also stop losses in time. A light position is the confidence to make money slowly!

Follow me, slowly roll, step by step earn your money steadily. Walk steadily, so you can laugh last in the cryptocurrency world.😎
Better to enjoy together than alone; if you reach out, I can pull you ashore!

#特朗普取消农产品关税 #稳定币监管风暴

The stablecoin regulatory storm of #稳定币监管风暴 2025 was ignited by the regulatory intervention following the implementation of the "Stablecoin Ordinance" in Hong Kong, while major economies around the world synchronized their regulatory tightening. The core issue is to balance financial innovation with monetary sovereignty and financial stability. Here are the details:

1. Hong Kong's regulatory turning point: The "Stablecoin Ordinance" in Hong Kong came into effect on August 1, 2025, becoming the world's first comprehensive regulatory framework for fiat-backed stablecoins, requiring issuers to be licensed and limiting trading to professional investors only. However, a turning point emerged in October when tech giants like Ant Group and JD.com suspended their stablecoin issuance plans in Hong Kong due to interventions from the central bank and other regulatory bodies. Regulators are concerned that these could become channels for capital to bypass capital controls and could conflict with the digital yuan strategy, while unchecked expansion could create trillions of yuan in "offshore circulation" funds. The first batch of licenses may be announced in early 2026, with non-bank institutions needing to meet stringent conditions such as a paid-in capital of no less than 25 million HKD.
2. Global tightening of regulations in multiple countries: The U.S. enacted the "Guidance and Establishment of the U.S. National Stablecoin Innovation Act" in July, limiting issuers to licensed banks and other institutions, and establishing an "equivalent recognition" principle for overseas stablecoin access. The EU has fully implemented the "Crypto Asset Market Regulation Act," strictly distinguishing different types of tokens and banning algorithmic stablecoins and other high-risk models to protect the monetary sovereignty of the eurozone. Countries emphasize that stablecoins must be 100% backed by safe reserve assets such as cash and short-term government bonds, and they are strengthening information disclosure.
3. The chain reaction in the industry and market: In the market, related companies like Hong Kong Yunfeng Financial saw their stock price drop by over 7% in a single day, tech giants have taken a wait-and-see approach, while traditional financial institutions like Bank of China and HSBC have seized the opportunity due to their advantages. Leading stablecoin issuers are also adjusting their strategies; for example, the issuer of USDC, Circle, significantly increased the proportion of U.S. Treasury bonds in its reserve assets and committed to monthly disclosure of audit reports. Previously, USDT was penalized for lack of transparency in reserves, and USDC experienced a price de-pegging due to issues with its reserve-holding bank. These cases confirm the necessity of tightening global regulations.

🔥It's exploded! JPMorgan officially announces: $BTC $ETH can be used as collateral for loans! The crypto world welcomes a milestone breakthrough💥

This morning, the crypto market was flooded with a major announcement — the world's top investment bank, JPMorgan, officially declared that it accepts Bitcoin and Ethereum as collateral for loans! This is not an ordinary update, but a crucial step in the deep integration of the crypto world with traditional finance, considered an "epic" advancement.🎉

🏛️ What does this move by the traditional financial giant mean?
In the past, holders of cryptocurrencies who wanted to circulate funds had to either sell at a loss or risk using unregulated lending platforms. Traditional banks only recognized "traditional assets" like real estate and stocks, while crypto assets were completely overlooked. Now, with JPMorgan entering the scene, it’s like an old-fashioned gold shop starting to recognize digital gold — this is not just a trial, but a serious value certification!✅

📌 For us ordinary players, there are three tangible impacts:

· 💸 No need to sell cryptocurrencies to get loans, asset liquidity skyrockets instantly;
· 📈 Holding assets is not just about speculating on price fluctuations, but also adds financing functions, increasing the return dimension by 1;
· 🏦 With JPMorgan leading the way, more financial institutions may follow suit, accelerating industry compliance!

⚠️ However, beneath the spotlight, we must also be clear about the thresholds and risks:

· Cryptocurrency is highly volatile, and the collateral ratio is expected to be lower than that of stocks (for example, BTC/ETH may only be approved for less than 50%);
· Initial services may likely be open first to large institutional clients, with high thresholds for individual users;
· If the price of cryptocurrencies falls sharply during the collateral period, be cautious of triggering margin calls or liquidation lines!

In fact, this trend is not without signs. As the regulatory framework gradually becomes clearer and custodial solutions mature, the timing for traditional finance to engage with crypto assets has indeed matured. No matter how favorable the news, it should be viewed rationally, and one must understand the rules before taking action.🧠

Many people in the crypto world find it difficult to move forward, not due to a lack of effort, but occasionally getting lost in the flood of information. The market never lacks opportunities; what it lacks are clear paths and rhythms. If one can find the right direction and lay out a stable plan, perhaps they can maintain their footing amidst volatility and go further with more composure.🌟

Sister An Xin won't talk nonsense, I'll help you see the way with a new perspective and seize the next opportunity!🔥
#山寨季來了？ #稳定币监管风暴

$SOL Is this the start of the attack? The road to recovery is fraught with difficulties. We are still 800,000 U away from this year's goal of 1,000,000 U. I would admit that I'm not making money in a bull market. Is the bear market starting early, brothers? #稳定币监管风暴

$哈基米 $修仙 $币安人生
When you feel like you can’t hold anymore, remember every hardship you’ve survived.
When you’re tired, look at the people who love you and stand beside you.
When you lose confidence, ask yourself: what will I use to honor my parents in the future?

This is why we hold.
This is why we don’t quit.
This is why Kurumi matters.

For the next 100 days, we go all in — focus, discipline, and belief.
No distractions, no fear, no shaking hands.

Because wealth doesn’t come from luck.
It comes from endurance.
From choosing a direction and refusing to let go.
From standing firm when others panic, and seeing opportunity where others see chaos.

Kurumi isn’t just a meme —
it’s a community of fighters, dreamers, and believers who choose conviction over noise.

So for the next 100 days:
Hold tight. Build hard. Believe deeply.
Your future self will thank you.
And Kurumi will witness your rise.
@Yi He @CZ
#特朗普取消农产品关税 #稳定币监管风暴 #ETH巨鲸增持 #美联储重启降息步伐 #鲍威尔发言

$BNB $币安人生 $GIGGLE 🔥🔥The pattern opens up, seeing the future!\n Set your sights long-term! The only Dogecoin Conan on the first-level SOL chain behind it is Brother Qiang's 270 days of hard work, it is the top IP of the Trump family, and it is the steadfast belief of countless families. A thousand times? That's just a scenery on our way. Binance sees the truth! Get on board and ambush!🔥🔥#加密市场回调 #代币化热潮 #稳定币监管风暴

GM, are you scared?
1. The total market capitalization of cryptocurrencies has dropped to $3.187 trillion, down 2.4% in the last 24 hours. It has indeed decreased significantly, and many voices are starting to say that the bull market has turned bearish, but institutions are still buying, buying, buying. If I had sufficient funds, I would do the same.
2. The fear and greed index is 15, extreme fear, indeed trembling with fear.
3. Binance Alpha has 1 airdrop today, remember to participate.

#加密市场回调 #稳定币监管风暴 #加密市场观察

$DUSK

The Bitcoin money laundering case has erupted with new revelations! £67 million of 'hidden assets' exposed, the main suspect's operations are outrageous.
点击进入
The aftermath of this Bitcoin money laundering case is more gripping than a suspense drama! The main suspect, Qian Zhimin, hid a 'digital asset blind box' for half a year, which was finally completely uncovered just before the court hearing.

When she was arrested, the devices involved in the case were legally seized, but she always refused to hand over the password, stubbornly holding out until just before the court hearing. However, once the police unlocked it, they were directly shocked—besides the known 61,000 Bitcoins on the surface, she also secretly hoarded a large number of crypto assets, with the total value of Bitcoin and Ripple reaching as high as £67 million. It turns out she wasn't just laundering money; she was clearly packaging the illegal proceeds into a dedicated 'crypto asset portfolio,' calculating it down to the last detail.

Ironically, on the day the truth was revealed, the UK High Court happened to hold a hearing specifically discussing the disposal plan for that batch of Bitcoin. Now, with this additional £67 million of 'extra dirty money,' the volume of these crypto assets has doubled. Regardless of how they are handled afterward, it will undoubtedly become seismic news in the crypto circle, significantly impacting the market.

Interestingly, Qian Zhimin's operations resemble those of a seasoned individual hiding private savings, naively believing that digital devices with password locks are absolutely secure safes, unaware that judicial procedures are the universal key that unlocks everything. Assets obtained illegally, no matter how concealed, only add material to the case and ultimately become key evidence for enhanced conviction.

Currently, the most concerning question is whether this £67 million of hidden assets will be legally confiscated along with the previous Bitcoins? This wave of excess dirty money is a remarkable surprise in the money laundering case, undoubtedly adding another stroke to her own crime.

Everyone might as well discuss in the comments whether her actions are exceedingly foolish or simply a gamble driven by luck.
#稳定币监管风暴

😱 Just now, the entire network has plummeted! 160,000 people have been liquidated! 💣💣$BTC has erased all gains since this year!



Just now, the cryptocurrency market has encountered a "century massacre"‼️ Bitcoin not only broke the critical psychological barrier of 100,000 USD but also plummeted to 93,778 USD, wiping out all gains since 2024 in one go! 📉

Altcoins have all been wiped out:

· Ethereum fell nearly 2%
· Cardano collapsed over 3%
· FIL plummeted 3.5%
No one was spared, all lines turned red! 💔

The most tragic part is: In the past 24 hours, 160,000 investors were liquidated overnight‼️ Coinglass data shows that 580 million USD vanished into thin air—of which 410 million are the blood and tears of bottom-hunting bulls! Is this a correction? It's clearly a "bull market graveyard"! 💀

The shocking truth behind it: The number 100,000 USD turned out to be the "magic threshold" for long-term holders! Since Bitcoin first broke this number last year, early players have begun to cash out madly—they have waited for this day for a full ten years!

🚨Emergency warning:
The "fragile moment" of cryptocurrencies has officially arrived! This is not a technical adjustment; this is a complete collapse of the psychological barrier! How's your position? Feel free to share in the comments!
#稳定币监管风暴 #美股2026预测

Sister Ting's ADA Short Post:

Optional: Short near 0.4695-0.4750

Target 1️⃣: Around 0.4630 (First profit-taking level, partial reduction of positions can be executed)
Target 2️⃣: Around 0.4565 (Final target, aim for profit realization)


The strategy is effective, and the market can change suddenly, so real trading must be flexible and follow the market dynamics. Always set stop-losses!
#特朗普取消农产品关税 #稳定币监管风暴 #ADA $ADA

From Zhao Changpeng to Chen Zhi and others, they are ultimately just pawns in the chess game—Bitcoin was invented by Americans, a tool used to harvest the world’s mafia bosses and gray industry tycoons.
Bitcoin has crashed again. In just 48 hours, over 1.6 million positions were liquidated, with a market value evaporating by over 100 billion dollars.
The trigger was the recent announcement by the U.S. Department of Justice: they have seized 127,271 Bitcoins from Fujian businessman Chen Zhi and transferred them all to the government cold wallet.
This incident once again proves that violence is the anchor of all currencies.
The decentralization of Bitcoin is also an illusion.
Has Satoshi Nakamoto, who disappeared for nearly twenty years, really existed? Or is he just a white glove of the Americans?
Some say that the surge in Bitcoin is a silent protest by the global public against the central banks' excessive issuance of currency; I believe that Bitcoin is the maneuver of the 0.1% elite after the central banks can no longer harvest the leeks.
Many are puzzled: Isn’t Bitcoin “decentralized”? Why can Uncle Sam seize it with a single click? The answer has three parts:
1. Withdrawals must go through KYC.
No matter how anonymous it is on-chain, at the moment of cashing out, one still has to step into a regulated exchange, where real-name authentication and bank statements expose one's identity.
2. There are traces on-chain.
Even in over-the-counter trading, there are “on-chain detectives” who use clustering analysis, AI tracking, and coin mixing penetration to identify address ownership.
3. The ultimate method: physical layer.
The FBI obtained the private key from Chen Zhi himself through traditional search warrants; even the most secure encryption cannot withstand offline enforcement.
Thus, the market realizes: when state violence can “legally” seize 100,000 BTC at once, the so-called narrative of “anti-censorship and statelessness” is instantly shattered.
High-leverage contracts exploding in a chain reaction are merely a technical accelerator; the real panic stems from politics—the freedom of decentralization actually operates within the orbit of the dollar system. #稳定币监管风暴 #加密市场回调 #美股2026预测 $BTC $ETH

11.18 DOGE Morning Analysis
The price has fallen below the middle band of the Bollinger Bands and is running towards the lower band. The 4-hour K-line shows continuous bearish candles, with short positions currently dominating. The price is testing the support strength of the lower band. The current price of 0.15165 has slightly fallen below the lower band.

The price has broken below the lower band and is in an oversold area. The middle band has become an important resistance level for recent rebounds. This indicates that the downward momentum has been fully released, and there is a possibility of a technical rebound. We need to wait for the J value to turn upwards or for the KD to form a golden cross as a preliminary signal for the rebound.

Operation Suggestions
If the price rebounds to around 0.1540 and shows stagnation, a short position can be established, with targets looking towards: downward to around 0.1505-0.1480, and stop loss above 0.1605 $DOGE
#山寨季來了？ #山寨季來了？ #美SEC推动加密创新监管 #稳定币监管风暴

Many people may see this news as just gossip, but those who truly understand will realize — this is a landmark turning point.

The Czech National Bank dares to become the world's first central bank to 'take the first bite of the crab' not because they are bold, but because they recognized earlier than other central banks that the future structure of central bank assets will certainly shift from the traditional model to the 'digital asset era.'

This is not just a taste test; it is a proactive layout for the next round of global financial paradigms.

The ultimate destination of Bitcoin is to become the reserve asset of over 200 central banks worldwide. The step taken by the Czech National Bank is like the first stroke of ink in that endgame picture.

Once central banks globally begin to use fiat currency to hold Bitcoin long-term, the price will be pushed to higher dimensions —

From $100,000 to $1,000,000, and even in the future to break $10,000,000, is not an exaggeration but a natural result of supply and demand laws.

After all, its upper limit is essentially unlimited.

As inflationary pressures continue to accumulate and AI impacts employment structures, the most stable and certain 'self-protection method' in the future may be — long-term reserves of Bitcoin.

Today it looks like news, but in the future, it will be the starting point of an era transition.🔥🔥🔥

#ETH巨鲸增持 #加密市场观察 #稳定币监管风暴 $KAITO $XNO

Announcing something big!

Please pay attention to this point recently.

Brothers, if you have questions, you can check the pinned chat room. #稳定币监管风暴

【Alert! Coinbase premium hits new low for the year, institutional funds are quietly leaving】

A key indicator is sounding a loud alarm: The Coinbase premium has plummeted to -90 USD, approaching its lowest level of the year. Historical data shows that the last time such a severe negative premium occurred was in February 2025, during a deep decline period when Bitcoin was seeing a massive withdrawal of institutional funds.

 

▎What is the Coinbase premium?

Calculation logic: The price difference between Coinbase Pro (serving institutions/whales) and Binance (retail-driven) for Bitcoin

Bull and bear signals: Positive premium = dominated by institutional buying; Negative premium = driven by retail sentiment

Current meaning: A deep negative value of -90 USD indicates that professional investors are reducing positions or waiting on the sidelines

▎What does this mean for the market?

Decreased market stability: A market dominated by retail is more prone to panic selling

Increased risk of pullback: Lack of institutional support means any negative news could amplify volatility

Bottom signal not yet seen: History shows that only a return to a positive premium indicates institutional re-entry

▎How should retail investors respond?

Avoid chasing prices in the short term, be cautious of liquidity crunches

Monitor changes in premium indicators; institutional inflow is a precursor to a rebound

Can gradually position but strictly control exposure, keep cash ready for right-side signals

(Attached: Comparison chart of Coinbase premium and Bitcoin price trends)

 

When whales quietly leave, only sardines are left to revel—smart investors should understand the sound of the tide receding. Thank you for liking and following.

(This article is a market data interpretation and does not constitute investment advice) $BTC $ETH $SOL #稳定币监管风暴

$ZEC $BTC $ETH The internal divisions within the Federal Reserve have intensified, and the December meeting may see multiple dissenting votes.

The Federal Reserve's monetary policy committee is embroiled in an increasingly sharp internal debate over the path of interest rates, making the upcoming December meeting uncertain. Two distinct factions have emerged within the committee: one is the growing "inflation hawks," including four voting regional Fed presidents and Fed Governor Barr, who insist that inflation risks remain stubbornly high, and premature policy easing could squander previous gains; the other is the "job-first" group, who are more concerned about the potential harm of restrictive interest rates on the labor market, believing that current inflation concerns have been overstated.

This divergence has garnered attention following the latest analysis by The Wall Street Journal's chief economic reporter Nick Timiraos. He noted that the December meeting is likely to see at least three dissenting votes. Notably, the three officials appointed by former President Trump are expected to unanimously oppose keeping interest rates unchanged. Even if the committee decides to cut rates by 25 basis points in search of compromise, the number of dissenting votes is expected to reach at least three, indicating that the depth of the divide is difficult to bridge through minor policy adjustments.

This profound policy divergence reflects the Federal Reserve's difficult trade-offs between its dual mandates. At this critical turning point in the current economic cycle, the differing performances of inflation data and the labor market provide each faction with reasons to hold their ground. Regardless of the final decision, the voting situation at the December meeting will provide the market with important clues about the monetary policy path for 2024, and how Chair Powell can build consensus amid such pronounced divisions will be a key test of his leadership. #美股2026预测 #特朗普取消农产品关税 #加密市场回调 #代币化热潮 #稳定币监管风暴