1. Trump Considers Pardoning Binance Founder CZ, Raising Concerns Within the White House
According to Jinse Finance, Trump is discussing whether to pardon Binance founder Changpeng Zhao (CZ), but there are concerns within the White House about the potential public opinion impact of this decision. -Original
2. Multiple Global Banks Jointly Plan Stablecoin Project, Including Citi and Others
According to sources, major global banks such as Santander, Bank of America, Barclays, BNP Paribas, Citi, Deutsche Bank, Goldman Sachs, Mitsubishi UFJ, TD Bank, and UBS are planning to jointly launch a stablecoin project. -Original
3. Citi Joins Euro Stablecoin Development Project to Drive Regional Payment Innovation
Citi Bank has announced its participation in a European banking consortium to jointly advance the development of a euro stablecoin. -Original
4. Fed's Musalem Open to Rate Cuts, Says Policy Should Be Handled Prudently
Federal Reserve official Musalem stated that inflation remains high and the labor market shows signs of weakness, leaving limited room for policy easing, but he remains open to further rate cuts. He emphasized the need for caution to avoid overly loose policy. -Original
5. Whale Purchases 323.5 BTC, Fund Flows Attract Attention
On-chain analysis shows that a whale or institution purchased 323.5 BTC for $39.328 million, with an average price of about $121,570. The funds were transferred through four wallets into Hyperliquid to complete the transaction, after which the BTC was withdrawn back on-chain. -Original
6. US October Inflation Expectation Preliminary Value at 4.6%, Below Market Expectations
On October 10, the preliminary one-year inflation expectation in the US was 4.6%, below the market expectation of 4.7%, and the previous value was 4.7%. -Original
7. Abu Dhabi Airport Pilots Crypto Payments, Advancing Digital Transformation
Abu Dhabi Airport has signed a memorandum of understanding with Abu Dhabi investment institution Al Hail Holding to pilot stablecoin and cryptocurrency payment solutions. The two parties will jointly develop a regulated digital wallet designed specifically for inbound travelers at Zayed International Airport, aiming to enhance user experience and strengthen the UAE's position as a global hub for tourism, fintech, and sustainable transportation. Al Hail Holding has previously invested in digital bank Zand, and this cooperation will also involve AI system integration and sustainable infrastructure construction, aiming to optimize operational efficiency and drive the airport's digital transformation. -Original
8. Polymarket Returns to US Market Operations with CFTC Approval
According to sources, the native token plan for prediction market platform Polymarket may be postponed until next year, with the company's current focus on returning to the US market. Previously, Polymarket was banned from operating by the CFTC due to violations, but has now resumed its operating license by acquiring the regulated exchange QCX and obtaining a CFTC "no-action letter." The platform has reopened in sports and election markets, now accounting for about 31% of the global prediction market share, second only to Kalshi. -Original
