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Bitget CEO Featured on "CEO and Business Leaders" Cover, Sharing Insights on the New Economy

7 hours ago

Bitget CEO Gracy Chen graced the cover of *CEO and Business Leaders* magazine on December 16, with an in-depth interview featuring her included in the issue. The interview centered on the “New Economy and Global Ownership Paradigm,” exploring how the Gulf region is emerging as a key driver for the next phase of global crypto finance development—fueled by clear regulatory frameworks, a stable macroeconomic environment, and an institution-friendly policy system. *CEO and Business Leaders* is a high-end monthly business magazine under Gulf News, a highly influential English-language media outlet in the Middle East. It targets business leaders (including CEOs, company founders, and executive decision-makers) and covers business strategy, technological innovation, regional economics, and corporate management trends. The magazine’s print edition is widely distributed across key business venues in the UAE and GCC region—including airports, office buildings, conferences, and hotels—delivering high-quality information and industry insights to regional business leaders.
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U.S. Treasury Secretary: Expects to Conclude 2025 with a GDP Growth Rate of 3.5%

Dec. 16 — U.S. Treasury Secretary Janet Yellen said she expects GDP growth to reach 3.5% by 2025. (FXStreet)

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U.S. Treasury Secretary: Yellen and Hassett as Fed Chair are both "very, very qualified"

Dec. 16 – U.S. Treasury Secretary Benson stated that one or two additional interviews for the Federal Reserve Chair position could take place this week. Trump has been "very straightforward" on policy-related matters during the interviews, Benson noted. Both Kevin Warsh and Kevin Hassett are "very, very qualified" candidates, he added. Benson also pushed back on claims that Hassett is unfit to serve at the Fed, and rejected the idea that a new chair would undermine the central bank’s independence. (FXStreet)

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PIPPIN Insider Holds 80% of the Supply, Valued at Around $380 Million

On December 16, blockchain analysis platform Bubblemaps tweeted that the internally controlled supply of the PIPPIN token has reached 80%—valued at roughly $380 million. There are 16 newly created wallets with matching patterns, similar funding sources, equivalent SOL amounts received, no prior transaction history, and large PIPPIN withdrawals from centralized exchanges (CEX). Additionally, 11 linked wallets hold roughly 9% of the total supply combined, with fund flows closely aligned with the same time window and suspected of being controlled by the same entity.

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U.S. Treasury Secretary: Guessing Fed Chair Pick to Be Announced in Early January

December 16: U.S. Treasury Secretary Yellen says the announcement of the next Federal Reserve Chair will be made in early January. (CNBC)

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Bank of America Survey: Majority of Investors Expect Yellen to Serve as Next Fed Chair

December 16th Bank of America’s December global fund manager survey shows most investors expect President Trump to nominate White House economic advisor Kevin Hassett as the next Federal Reserve chairman. Nearly 69% of respondents anticipate Hassett’s nomination, while just 4% each expect Fed Governor Lael Brainard or former Fed Governor Kevin Warsh to be tapped for the role. The survey was fielded before Trump told The Wall Street Journal he is inclined to pick Hassett or Warsh, as current Fed Chair Jerome Powell’s term expires in May next year. (FX678)

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Custodia Bank has submitted a re-evaluation application, continuing to seek the Federal Reserve to establish a master account for it.

On December 16, per CoinDesk, Custodia Bank filed an en banc rehearing petition with the 10th U.S. Circuit Court of Appeals amid its ongoing legal fight with the Federal Reserve, pushing forward in its bid to get the Fed to grant it a master account. Earlier this November, the 10th U.S. Circuit Court of Appeals ruled in Custodia’s lawsuit against the Fed, issuing a 2-1 decision in the central bank’s favor and denying Custodia’s request to open a master account.

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