headlines
▌Google now supports search to display Ethereum wallet balance
Google now supports providing data about Ethereum addresses directly when searching. When searching for an Ethereum address on Google, the search engine will now display the wallet's ETH balance. The data comes from the Ethereum block explorer Etherscan.
policy
▌US CFTC Chairman: Don't expect encryption innovation to become a "free pass" for regulation
Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission (CFTC), said in a speech at DC Fintech Week that don't expect encryption technology innovation to become a "free pass" for regulation.
▌The International Monetary Fund released the "Global Financial Stability Report"
The International Monetary Fund released a new "Global Financial Stability Report" stating that since April 2022, risks to global financial stability have increased, and the balance of risks has clearly tilted downward. The report analyzes central bank policy responses to high inflation, risks of a disorderly tightening of financial conditions, and debt crises in emerging and frontier markets, explores how to close the climate financing gap in emerging markets and developing economies, and analyzes open Contribution of investment funds to asset market vulnerabilities. The report suggested that central banks must take decisive action to restore inflation to target levels. Some emerging market economies, which are grappling with a global tightening cycle, should reduce financial stability risks and maintain appropriate monetary policy transmission. Sovereign borrowers in developing economies and frontier markets should do more to contain the risks posed by high debt vulnerabilities. Policymakers should curb further buildup of financial vulnerabilities.
cryptocurrency
▌Google chooses Coinbase for cryptocurrency cloud payments and will use its hosting tools
Early next year, Google will begin allowing some customers to use digital currencies to pay for cloud services. Additionally, Google said it would explore the use of Coinbase Prime, a service for storing and trading cryptocurrencies. Coinbase will move some of its applications from Amazon Web Services to Google's cloud.
▌The U.S. SEC rejected WisdomTree's spot bitcoin ETF application on the grounds of protecting investors
Bitcoin Archive stated on social media that the U.S. Securities and Exchange Commission (SEC) rejected WisdomTree’s spot Bitcoin ETF on the grounds of protecting investors.