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Federal Reserve Governor Jefferson: No Need to Hurry to Further Cut Interest Rates, Strong Economy Makes Caution Appropriate

2025.02.05 08:40:15

On February 5th, Federal Reserve Governor Jefferson indicated that there is no urgency to expedite further interest rate cuts. Given the robust economy, a cautious response is deemed appropriate. (Xinhua News Agency)
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CZ: At the current pace of progress, Pakistan is expected to become one of the world's leading countries in cryptocurrency by 2030

On December 31, Binance founder Changpeng Zhao (CZ) said that if Pakistan keeps up its current rate of progress in regulation and adoption, it’s on track to become one of the world’s top countries for cryptocurrency by 2030. He praised Pakistani leadership for acting quickly and accurately tapping into the real demand for digital assets from the young, tech-savvy population. CZ noted that Pakistan has taken several key steps this year, including setting up a virtual asset regulator, letting Binance and HTX operate in compliance, looking into Bitcoin reserves, and pushing for tokenization of real-world assets (RWA) to draw foreign investment and boost liquidity. On stock market tokenization, CZ said this will let global investors directly invest in Pakistani assets, creating a “truly global investment avenue” — and emphasized that countries that roll this out first will reap the biggest benefits. Additionally, CZ believes blockchain is more accessible to individuals and small b

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