MANADecentraland प्राइस

On August 14, the Federal Reserve announced on Thursday that it will not purchase U.S. Treasury securities for reserve management purposes in the near future, indicating that policymakers believe bank reserves in the financial system are at an acceptable level. According to the New York Fed's website, the New York Fed's Open Market Trading Desk does not plan to conduct reserve management purchases (RMP) during the monthly operation period ending September 14, but it still plans to conduct approximately $17 billion in reinvestment purchases during this time. This suspension suggests that, despite an increase in government cash balances potentially draining market liquidity, monetary authorities remain confident that the financing markets can operate smoothly.

On July 6, the Hong Kong Securities and Futures Professionals Association announced that representatives from the Hong Kong Securities and Futures Commission (SFC), including Executive Director of Intermediaries Division Yip Chi-hang and Deputy Secretary for Financial Services and the Treasury Chan Ho-lam, held a meeting to discuss several specific policy changes. These include the removal of the previous 10% minimum exemption for virtual asset management, the immediate effectiveness of new regulations without a transition period, and other arrangements. Additionally, the SFC stated that it has communicated with the Hong Kong Securities and Investment Institute (HKSI) about separating the examinations and courses for virtual asset platform practitioners, with plans to reduce examination fees to align with the current costs of Paper 2, Paper 3, and other exams. The Hong Kong Securities and Futures Professionals Association also called for a clear distinction between technology services and regulated activities, suggesting that the SFC establish a clearer approval timeline and phased reference framework.

 according to SolanaFloor data, the first Solana staking ETF in the United States launched by REX Shares (code $SSK) has reached a record high of $251 million in assets under management.