Japan raised rates by 25 basis points, as expected. The market's muted reaction is because it has already priced this in; the realization of negative factors has reduced the shock, making it more favorable for subsequent upward trends.

On the other hand, core policies:

Protection of Crypto Rights: Trump signed an executive order clearly protecting citizens' legal rights to develop, self-custody, trade, and mine, prohibiting illegal government interference.

Complete Ban on CBDCs: Prohibiting the development and circulation of Central Bank Digital Currencies (CBDCs) within the United States, stating that they threaten financial stability and citizen privacy.

Promotion of Dollar Stablecoins: The executive order requires federal agencies to support the global application of compliant dollar stablecoins, consolidating the dollar's dominant position.

Revocation of Controversial SEC Policies: Immediately abolish SEC accounting standard SAB-121, lifting restrictions on banks holding crypto assets, unlocking institutional participation potential.

National Crypto Reserve Program: Evaluating the establishment of a national reserve of digital assets composed of law enforcement seized assets. #日本加息