Golden Finance reports that European financial stability officials are discussing a plan to establish an alternative liquidity support mechanism to the Fed by integrating dollar reserves held by central banks outside the United States. The aim of this move is to reduce dependence on the U.S. during the Trump administration. The relevant consultations are still at the working group level and have not yet reached the decision-making level of the European Central Bank, involving multiple central banks both within and outside the Eurozone.

BlockBeats news, on November 14, European financial stability officials are discussing whether to create an alternative funding support mechanism to the Fed, which would centralize the dollars held by central banks outside of the United States. Under the Trump administration, central banks have been trying to reduce their dependence on the U.S. The related mechanism of the Fed provides dollar loans to other central banks, acting as a lifeline during times of market pressure to ensure global financial stability. Interviews with more than a dozen European central bank and regulatory officials reveal their concerns that these mechanisms could be "weaponized" by the Trump administration. European officials' concerns rose around April but subsequently decreased due to the assurances from the Fed. The practice of centralizing dollars faces practical difficulties and may not be feasible. White House spokesman stated that Trump has "repeatedly reaffirmed his commitment to maintaining the strength and influence of the dollar." (Jin10)

According to Foresight News, Aave Labs announced that its subsidiary Push has obtained authorization as a Crypto Asset Service Provider (CASP) from the Central Bank of Ireland under MiCAR. Aave Labs will soon launch regulated, zero-interest GHO and other stablecoin deposit and withdrawal channels integrated into Aave Labs products through its new service Push in the European Economic Area (EEA).

Foresight News reports that StakeStone has announced the completion of its brand upgrade and the release of White Paper 2.0. According to the content of the White Paper, in terms of technical architecture, StakeStone 2.0 adopts a combination of technologies such as account abstraction (EIP-7702), gasless payment, and social login. In terms of the settlement mechanism, StakeStone 2.0 introduces a "layered settlement" system, constructing differentiated settlement hierarchies based on different asset characteristics and trading scenarios, achieving a processing model of "trading is settlement, settlement is equity confirmation", aiming to provide near real-time processing capabilities for cross-border payments, peer-to-peer transfers, and machine micropayments. In terms of product functionality, the protocol features an on-chain yield layer.

Golden Finance reports that Grayscale announced its IPO listing details on the X platform. It is reported that the company's Class A common stock will be listed on the New York Stock Exchange under the ticker symbol "GRAY". Morgan Stanley, Bank of America Securities, Jefferies, and Cantor will act as the lead underwriters for the IPO issuance, with Wells Fargo Securities, Canaccord Genuity, Piper Sandler, Keefe, Bruyette & Woods, and Needham &.

According to Foresight News and reported by CoinDesk, the Czech National Bank (CNB) has announced the creation of a $1 million Crypto Assets test investment portfolio, which includes Bitcoin (BTC), dollar stablecoins, and tokenized deposits. The pilot project aims to test the processes related to the purchasing, holding, and managing of Blockchain-based assets, and the bank plans to share its experiences in the next 2-3 years. The bank stated that the total investment amount will not be actively increased, and this acquisition does not utilize the bank's existing International Reserve.

Odaily News The Monetary Authority of Singapore stated that only fully regulated and reserve-backed stablecoins can be used as settlement assets, while unregulated stablecoins have a mixed track record in maintaining their peg. Additionally, Singapore is preparing legislation and expanding the pilot scope of Central Bank digital money. (Cointelegraph)

According to ChainCatcher news and Jin10 reports, the dollar exchange rate fell on Thursday as traders remained cautious about the potential weak performance of data after the U.S. government reopens. The House passed a temporary funding bill to end the government shutdown, which was signed into law by Trump, allowing official data to be released again. Kristoffer Kjaer, head of forex and interest rate strategy at Danske Bank, pointed out that before the Fed's rate decision in December, up to three employment reports and two inflation data may be released, and the dollar is expected to rebound, prompting the Fed to abandon interest rate cuts in December.

According to a report by Jinse Finance, the Monetary Authority of Singapore (MAS) has signed a memorandum of understanding with the Deutsche Bundesbank to cooperate on cross-border Settlement of digital assets. According to the memorandum, both parties will collaborate on technological and financial innovations, including: developing new Settlement solutions to reduce the cost and processing time of cross-border transfers between Singapore and Germany; promoting universal standards for cross-border payments, foreign exchange, and securities liquidity involving tokenized assets to enhance interoperability among different digital asset platforms.

Gate News Bot news, on November 13, according to CoinMarketCap data, as of the time of this report, AVAX (Avalanche) is currently priced at $17.60, with a rise of 1.87% in the last 24 hours, reaching a high of $18.54 and a low of $15.67. The trading volume in the last 24 hours has reached $474 million. The current market capitalization is approximately $7.547 billion, an increase of $138 million from yesterday. AVAX currently ranks 20th in the global Crypto Assets market capitalization leaderboard. Important news regarding AVAX recently: 1️⃣ **Korea Agricultural Cooperative Bank Chooses Avalanche to Test Cross-Border Tax Refund System** One of South Korea's five major banks, NH Nonghyup Bank, has announced the launch of a proof of concept (PoC) for value-added tax (VAT) refunds based on stablecoins on the Avalanche blockchain.

Huaxia Fund (Hong Kong) has partnered with Bank of China Hong Kong, Futu Securities, and Standard Chartered Hong Kong to complete a tokenization fund subscription pilot under the Hong Kong Monetary Authority's Ensemble project. This pilot achieved successful interbank transfers of tokenized deposits and the subscription of money market funds, promoting the development of tokenized deposits and digital asset trading.

Gate News Bot news, on November 13, according to CoinMarketCap data, as of the time of writing, XPL (Plasma) is currently priced at 0.26 USD, with a 1.11% fall in the last 24 hours, hitting a high of 0.35 USD and a low of 0.25 USD, with a 24-hour volume of 213 million USD. The current market capitalization is approximately 462 million USD, a decrease of 5.21 million USD compared to yesterday. XPL currently ranks 111th in the crypto assets market capitalization. Important recent news about XPL: 1️⃣ **The custody rights of the XPL token will soon be transferred, enhancing asset security** The Plasma plan aims to transfer the custody of XPL tokens to the federally chartered crypto bank Anchorage within 48 hours. This move is intended to enhance the security and compliance of XPL tokens, potentially boosting investor confidence.

The Monetary Authority of Singapore plans to promote a secure tokenization financial ecosystem, launching a pilot for tokenized note issuance next year and developing regulatory legislation for stablecoins. The director stated that asset-backed tokens have not yet reached a mature stage, while also supporting the exploration of tokenized bank liabilities and stablecoin settlement projects.

Telcoin has obtained a charter from the Nebraska Department of Banking and Finance to launch the first digital asset custody institution in the United States, connecting U.S. bank accounts with the "Digital Cash" stablecoin, and its eUSD will become the first bank-issued on-chain dollar stablecoin.

PANews November 13 News, according to Cryptopolitan, despite the European Central Bank (ECB) and the European Systemic Risk Board (ESRB) issuing warnings about the potential threats of stablecoins to financial stability, the European Banking Authority believes that the existing cryptocurrency regulations in the EU are sufficient to address these risks. The authority's spokesperson acknowledged the risk of "potential large-scale redemption requests," but emphasized that the magnitude of the risk largely depends on the operating models and business scale of stablecoin issuers. Currently, the ECB and ESRB have called on Brussels to strengthen restrictions on stablecoin companies' operations within and outside the EU, especially to prohibit the "multi-issuance" model, which involves avoiding situations like the global stablecoin companies behind USDC or USDT, where tokens issued within the EU are mixed with tokens circulating in other regions. ESRB warned that if investors outside the EU suddenly redeem tokens issued within the EU,

Golden Finance reports that the Monetary Authority of Singapore (MAS) plans to launch a wholesale central bank digital currency (CBDC) testnet this week to support real-time tokenization experiments. This move will provide infrastructure for cross-border settlements and tokenized transactions. The testing adopts a hybrid approach, offering both wholesale CBDC and interoperability solutions connected with other DLT networks.

Golden Finance reports that Roberto Perli of the New York Federal Reserve Bank stated that the rise in overnight financing costs indicates that bank reserves are no longer sufficient. The Federal Reserve will "not be long" before purchasing assets to maintain an ideal level of liquidity. Perli said in a speech prepared for a conference co-hosted by the New York Fed on Wednesday that several indicators, including rising money market rates, "strongly suggest that reserves are no longer ample." Perli is responsible for the Federal Reserve's securities investment portfolio, known as the System Open Market Account (SOMA).

NH Agricultural Cooperative Bank has launched a stablecoin-based value-added tax refund proof of concept on the Avalanche blockchain, aiming to test a real-time refund and settlement system for inbound tourists. The project collaborates with multiple companies, utilizing smart contracts and stablecoins to improve the efficiency of the refund process. The pilot does not involve real funds or customer data.

A US bank report shows that last week, institutional clients net bought US stocks, with ETF inflows reaching $4.3 billion, the highest since 2022. Meanwhile, hedge funds and retail investors chose to sell, and industry funds exhibited defensive flows, with inflows into the consumer staples and healthcare sectors.

JPYC is Japan's first officially licensed Japanese Yen stablecoin issuer, planning to invest 80% of its issuance revenue into government bonds to fill the gap caused by the Bank of Japan slowing down bond purchases. Currently, the issuance volume is approximately $930,000, with a target of reaching $66 billion in the next three years.

Jin10 Data, November 12th: Elara Securities' institutional stock economist Garima Kapoor in Mumbai, India, stated, "The CPI inflation rate has hit a historic low, mainly due to a sharp reversal in food prices and favorable base effects. We expect the CPI inflation rate for FY2026 to be significantly below the Reserve Bank of India's estimate of 2.6%, with CPI below 2% in FY2026. This paves the way for the Reserve Bank of India to cut interest rates in December 2025 and again by 25 basis points in February 2026."

Gate News Bot Message, November 11th, according to CoinMarketCap data, as of press time, BTC (Bitcoin) is currently priced at $105,773.90, up 0.09% in the past 24 hours, with a high of $107,264.88 and a low of $98,962.06. The 24-hour trading volume reached $6.752 billion. The current market capitalization is approximately $2.11 trillion, an increase of $19.06 million compared to yesterday. Bitcoin is a decentralized digital currency first proposed by Satoshi Nakamoto in 2008. It operates using peer-to-peer technology without the need for a central authority or bank. Transactions and currency issuance are collectively managed by the network. Bitcoin's design is open-source, with no one owning or controlling it, allowing anyone to participate. Recent important news about BTC:

Jin10 Data, November 10th: Japanese Prime Minister Fumio Kishida's goal is to use his first stimulus package to kickstart the economy and initiate a new growth strategy through investments. According to a document released after the first meeting of an expert panel responsible for developing Japan's new economic growth strategy by next summer, the panel recommends that the Prime Minister leverage this plan to launch efforts to establish robust growth through "crisis management investments and growth investments." The expert panel stated that the government should focus on investing in 17 sectors that Kishida considers vital to Japan's economic growth. These sectors include semiconductors and artificial intelligence, shipbuilding, the defense industry, and critical minerals. Kishida has signaled a shift toward more expansionary fiscal policies and has indicated that Japan is only halfway to achieving stable inflation supported by wage growth. This suggests that he wants the Bank of Japan to remain cautious as it gradually raises interest rates. He also emphasized his commitment to implementing both responsible and expansionary fiscal policies.

Chris Turner of ING Group stated that if wage growth in the UK continues to slow, it would support the Bank of England's possibility of cutting interest rates in December, and the pound may decline. He believes the market is underestimating the rate cut expectations and pointed out that labor market data will influence these expectations.

BlockBeats News, November 10 — The Bank of England proposed that among assets supporting stablecoins, 60% can be held in short-term UK government bonds, and at least 40% must be stored at the Bank of England. The Bank of England also proposed a limit of 20,000 GBP on individual stablecoin holdings, and a cap of 10 million GBP for corporate stablecoin holdings. (Jinshi)

金十数据11月9日讯，巴勒斯坦伊斯兰抵抗运动（哈马斯）当地时间8日发布声明，对以军和以色列定居者在约旦河西岸的袭击表示谴责。声明称，这些袭击是为了将巴勒斯坦人赶出国土，实现以方完全控制约旦河西岸的计划。声明呼吁国际社会采取行动，阻止以色列政府继续支持袭击。

JPMorgan significantly increased its holdings in Bitcoin ETFs in the third quarter, with BlackRock's iShares BTC Trust holdings rising by 64% to 5.28 million shares, valued at approximately $333 million. Meanwhile, the bank nearly liquidated its Ethereum ETF, holding only 66 shares remaining. Analysts expect Bitcoin's price could reach $170,000 within 6-12 months.

According to the World Gold Council report, India’s gold ETFs saw nearly $3 billion in inflows this year, setting a record. Driven by rising gold prices and increased central bank holdings, the gains have exceeded 50% so far. In October, inflows reached $85 million, bringing the total assets under management to $11 billion.

Barclays has upgraded South Korea's 2026 GDP growth forecast from 1.7% to 2.1%, expecting the current account surplus to increase to $11 billion. Economists anticipate the Bank of Korea will cut interest rates once more, with the terminal rate in the easing cycle falling to 2.25%.

European Central Bank Governing Council Member Wuiticic stated that current policies are appropriate, with inflation having fallen to the target. However, he cautioned about fiscal discipline in the Eurozone and excessive valuations in financial markets, especially noting that retail funds are outperforming hedge funds, which signals potential risks.

The Bank of England kept interest rates unchanged at 4%, a decision that caught the market off guard. The voting was nearly evenly split, with Bailey's stance being a key factor. Policymakers are awaiting more data, and the autumn budget will influence the pace of future policy adjustments.

金色财经报道，爱尔兰央行：Coinbase 欧洲公司因交易监控系统存在缺陷被处以罚款。

金十数据11月6日讯，伦敦资本集团分析师Matt Basi在一份报告中表示，预计英国央行将在稍后公布的利率决议中把基准利率维持在4.0%不变，原因是央行正等待11月26日英国预算案中财政计划的细节。Basi指出，预算中可能出台的新政策措施存在不确定性，已导致部分企业和家庭搁置其财务计划，从而抑制了经济活动。他认为，英国央行可能会等到预算公布之后，才会考虑投票支持进一步降息。

金十数据11月6日讯，美国财经网站investinglive评欧元区9月零售销售月率：这项数据未达预期，主要原因是非食品类商品销售下降了0.2%。与此同时，食品销售在当月保持稳定。不过，由于这是滞后性数据，因此不会对欧洲央行的政策前景产生任何影响。

The Bank of England will consider the upcoming autumn budget at this month's meeting, with markets expecting Chancellor of the Exchequer Jeremy Hunt to announce tax increases. The tax hikes could help ease inflation by dampening consumer demand but may also impact household incomes. Economists predict that if the tax increases are implemented, the central bank might cut interest rates next year.

金十数据11月6日讯，道明证券表示，英国央行11月将降息25个基点，这是一次“势均力敌的决定”，预计其将以5-4的投票结果通过降息决定。同时政策制定者可能会以持续高企的通胀为理由，表明他们对进一步宽松的态度比此前预期的更为谨慎。未来几个月即将公布的数据将是决定进一步降息时机的关键。在英镑方面，该机构警告称，无论英国央行这次是采取行动，还是将行动推迟到今年晚些时候，英镑都可能继续承压。道明证券预计欧元兑英镑将进一步走高，英镑兑美元将面临持续下行风险。

Gate News Bot Report: As of November 6th, according to CoinMarketCap data, Bitcoin (BTC) is currently valued at $103,300. Over the past 24 hours, it has increased by 1.43%, reaching a high of $111,600 and a low of $99,000. The 24-hour trading volume is $60.109 billion. Its current market capitalization is approximately $2.06 trillion, up $29.039 billion from yesterday. Bitcoin is an innovative payment network and a new kind of currency. It operates using peer-to-peer technology without a central authority or bank; transaction management and Bitcoin issuance are handled collectively by the network. Bitcoin is open-source; its design is public, and no one owns or controls Bitcoin. Everyone can participate. Through its many unique features, Bitcoin enables exciting possibilities.

Jin10 data reported on November 6 that a memorandum shows that in response to Prime Minister Carney's request to reduce government spending, the Central Bank of Canada plans to lay off about 225 employees, accounting for 10% of the total workforce, in the coming months, and to complete this by the end of June 2026. This move is a key part of the bank's goal to reduce budget costs by 10% by the end of 2026. Additionally, the Central Bank of Canada is committed to further reducing its budget by 15% between 2026 and 2028, and has promised to cut an additional 5% in overall expenditures by the end of 2028.

Golden Finance reports that Bank of England Deputy Governor Briden: It is very important for the United States and the United Kingdom to stay in sync on stablecoin regulation.