governor

The senior deputy governor of the Bank of Korea stated that the central bank is more focused on demand-side inflation pressures rather than supply-side, and revealed that there will be additional interest rate hikes.

White House economic advisor Kevin Hassett stated that he would not succeed Lisa Cook if the Federal Reserve Board member were to be removed from her position due to related allegations.Hassett mentioned that the allegations against Cook are matters under investigation by law enforcement and expressed, "I hope Cook is innocent." Previously, Cook had been challenging the Trump administration's attempts to remove her from her position as a Federal Reserve Board member.Regarding monetary policy, Hassett indicated that if he were involved in decision-making, he would lean towards maintaining the current interest rate levels or implementing rate cuts. He believes that inflation in the United States is easing, while the growth momentum on the supply side remains strong, providing room for a more accommodative policy environment.

Bitcoin News posted on the X platform that New Hampshire Governor Kelly Ayotte has signed HB 639 into law to strengthen legal protections for Bitcoin and digital assets.The law protects self-custody rights, prohibits state and local governments from restricting the use of blockchain, prohibits the imposition of special taxes on cryptocurrency purchases, exempts miners from currency transfer licensing requirements, and establishes specialized court dockets for blockchain disputes. This measure further consolidates legal certainty for Bitcoin users, miners, and the broader digital asset industry.

The Governor of the Central Bank of Russia, Elvira Nabiullina, stated that Bill No. 1194918-8 distinguishes between qualified and non-qualified investors, and it is not only applicable to the cryptocurrency sector but is a common arrangement in regulation. Elvira Nabiullina mentioned that the scope for non-qualified investors is more limited because the government protects them through legislation to avoid risks they do not understand.She pointed out that the relevant measures also cover the crypto ecosystem, due to reasons including the volatility of the crypto market and the possibility that foreign digital assets may be seized due to their association with Russia. Bill No. 1194918-8 is expected to take effect on September 1 and will be implemented simultaneously with the launch of the digital ruble. The bill stipulates that the purchase limit for non-qualified investors in cryptocurrencies is 300,000 rubles, approximately $3,800, while the limit for qualified investors is ten times that amount.Elvira Nabiullina stated that the Russian crypto ecosystem remains open, and the repatriation and transfer of digital assets abroad are not restricted. She noted that investors will not be protected by Russian law after receiving relevant assets abroad, and any issues must be resolved within foreign jurisdictions.

According to TASS, the Governor of the Central Bank of Russia, Elvira Nabiullina, stated that there are no restrictions on transferring cryptocurrencies from Russia to overseas for all categories of investors, but investors should be aware that such operations currently lack legal protection.

OKX CEO Star posted on platform X that former New York Governor Andrew M. Cuomo (@andrewcuomo) has officially joined the OKX Board of Directors. Cuomo has been serving as an advisor to OKX since 2023, providing guidance for the platform's development, and this marks his formal promotion to board member.OKX Star stated that 2026 is a milestone year for the platform, and bringing in Cuomo's extensive leadership experience is an important step in continuing to build the world's most trusted large digital asset exchange.

New Hampshire Governor Kelly Ayotte signed HB 639 into law last week. The bill is known as The Blockchain Basic Laws, which provides protection for cryptocurrency innovation and use in the state, and allows for the establishment of special blockchain dispute case files in the superior court.New Hampshire passed a strategic Bitcoin reserve bill last year, allowing the state treasurer to invest up to 5% of public funds in Bitcoin, as well as precious metals like gold and silver. The state's executive council rejected a proposal last week that would have allowed the New Hampshire Business Finance Authority to promote Bitcoin-supported municipal bonds.

According to Edaily, Bank of Korea Governor Shin Hyun-song stated at a parliamentary meeting that the system related to the Korean won stablecoin and the legislation of the "Digital Asset Basic Law" should be promoted as soon as possible, and emphasized that there will be a competitive and complementary relationship between stablecoins, deposit tokens, and central bank digital currencies.

According to Cointelegraph, Elvira Nabiullina, the Governor of the Central Bank of Russia, confirmed that the digital ruble will be launched as scheduled on September 1, and everything is "ready." The digital ruble will serve as a supplement to the Russian fiat ruble and will initially be accepted by financial and credit institutions. The development of this CBDC began in 2021, and the European Union has implemented preemptive sanctions on the digital ruble effective April 2025 in response to Russia's war against Ukraine. Vladimir Chistyukhin, the First Deputy Governor of the Central Bank of Russia, stated that the laws related to the digital ruble will take effect on September 1, with a transition period until July 2027.In contrast, the U.S. housing bill containing a CBDC ban has been submitted to Trump, and if the president does not sign it within 10 days, it will automatically take effect, with the ban lasting until 2030.

According to Jinshi, U.S. President Trump stated that the Supreme Court remanded the case regarding the qualifications of Federal Reserve Board member Cook to a lower court solely on procedural grounds. He emphasized that appropriate action would be taken immediately to ensure that those who have committed misconduct do not continue to make decisions on significant matters concerning the welfare of the United States.

According to Jinshi News, the Governor of the Bank of Thailand stated that banks will be allowed to issue Thai baht stablecoins this year.

According to PYMNTS, Federal Reserve Governor Christopher Waller delivered the opening remarks at the Federal Reserve's fifth conference on the international role of the dollar on June 22, positioning stablecoins and tokenized assets as new channels for expanding the global influence of the dollar, and emphasizing that the purpose of this conference is to bring together multiple perspectives to jointly assess the core forces affecting the international status of the dollar.

According to an article published by the People's Bank of China on its official account, Vice Governor Xuan Changneng stated that the high-quality development of China's anti-money laundering work has entered a new stage, with significant results in combating money laundering and related illegal crimes. By 2025, the number of cases sentenced nationwide for money laundering under Article 191 of the Criminal Law is expected to exceed 2,000. Since 2022, efforts have been strengthened to combat professional money laundering, virtual currency money laundering, and cross-border money laundering activities, improving the quality and efficiency of investigations, prosecutions, and judgments of money laundering crimes.

According to the Iranian Tasnim News Agency, the Governor of the Central Bank of Iran, Hemmati, stated that there has been "significant progress" on the issue of unfreezing Iranian assets during recent negotiations, and relevant documents have been signed during this round of talks.Hemmati mentioned that the issue of frozen assets of the Central Bank of Iran is one of the most complex topics in the current negotiations. According to the relevant arrangements, in the coming days, the related funds will be gradually put into use based on established conditions and according to the procedures set by the Central Bank of Iran.When discussing the issue of oil and petrochemical product exports, Hemmati stated that, according to the memorandum of understanding reached between Iran and the United States, the sanctions exemption mechanism related to Iran's energy exports should have been activated. It has now been agreed that the U.S. Department of the Treasury's Office of Foreign Assets Control will be responsible for implementing the relevant arrangements.

The Bank of Japan will hold a key monetary policy meeting next Tuesday, with the market widely expecting an interest rate hike of 25 basis points to 1%, marking the highest interest rate level since 1995 and signaling a further move towards normalization of Japan's monetary policy. However, uncertainty surrounding this meeting has significantly increased. Governor Kazuo Ueda will be absent from the meeting and the subsequent press conference due to health reasons, with communication responsibilities taken over by Deputy Governor Shinichi Uchida, raising market concerns about changes in policy wording and forward guidance.Currently, the USD/JPY has risen above 160, nearing a two-year high and approaching the intervention zone. Traders generally believe that, given the market has fully priced in the interest rate hike expectations, the real key lies in the central bank's stance on the future path of interest rate hikes. Institutional analysis indicates that if the Bank of Japan releases dovish signals, it could further weaken the yen and push up Japanese government bond yields; conversely, if it shows a clearer tightening tendency, it would help stabilize exchange rate expectations.At the same time, Japan is facing multiple constraints such as rising imported inflationary pressures, fluctuations in energy prices, and expectations of fiscal expansion, making the policy path more complex. The latest data shows that Japan's core inflation has risen to 3.5%, reaching a new high for this phase. Analysts believe that this meeting is not only a point for interest rate adjustments but may also serve as an important observation window for changes in the Bank of Japan's policy communication framework, with the Deputy Governor's statements directly influencing the short-term direction of the yen and global interest rate markets.

According to Jinshi reports, Federal Reserve Governor Waller stated at the 32nd Dubrovnik Economic Conference that the global adoption of stablecoins could amplify the impact of Federal Reserve policies.He pointed out that for countries adopting stablecoins, it is akin to a fixed exchange rate system, effectively expanding the reach of U.S. monetary policy.

According to Jinshi reports, Federal Reserve Governor Cook stated that if the expected decline in inflation does not occur in a timely manner, the Federal Reserve is prepared to raise interest rates.

According to Jinshi reports, Federal Reserve Governor Cook stated that the correct action at this time is to keep interest rates stable.

According to Jinshi reports, the governor of Indonesia's central bank stated that some central banks have begun to raise interest rates. He pointed out that the Federal Reserve may not cut interest rates this year and may even raise rates next year.

Cointelegraph posted on the X platform that the governor of South Carolina has signed Bill S.163. The bill protects the self-custody rights of Bitcoin, prohibits discriminatory taxes on Bitcoin, and safeguards the rights of proof-of-work mining in the state.