# Сопутствующие статьи по теме Monetary Policy

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Monetary Policy", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

The Era of Digital Cash Twins: Future Collaboration Prospects of National and Market Currencies

The future of money is not a binary choice between state-issued currency and private alternatives. Instead, a dual system is emerging where Central Bank Digital Currencies (CBDCs) and stablecoins coexist and collaborate. CBDCs, such as China’s e-CNY and the EU’s digital euro, are state-backed and prioritize monetary sovereignty, regulatory oversight, and public interest. Stablecoins, privately issued and blockchain-native, excel in cross-border payments and decentralized finance due to their speed and flexibility. Globally, CBDC deployment is advancing with varied approaches: The Bahamas’ "Sand Dollar" focuses on financial inclusion, China’s e-CNY has scaled rapidly, and the EU and UK emphasize privacy. Meanwhile, the U.S. is prioritizing stablecoin regulation over a digital dollar, while countries like India and Brazil are exploring programmable CBDCs for targeted policy implementation. Japan is taking a "wholesale-first" approach to upgrade financial infrastructure. Key initiatives like the BIS’s Agora project and Singapore’s Guardian Project are testing interoperability between CBDCs and stablecoins, aiming to prevent fragmentation in the digital monetary system. Rather than competing, state and market currencies are forming a collaborative framework—CBDCs providing stability and control, and stablecoins enabling innovation and global reach.

marsbit01/28 11:01

The Era of Digital Cash Twins: Future Collaboration Prospects of National and Market Currencies

marsbit01/28 11:01

Yen Weakness Triggers Inflation Red Line: Bank of Japan May Be Forced to Raise Rates Early

Japanese policymakers are increasingly concerned about the impact of the weak yen on inflation, which may force the Bank of Japan (BOJ) to consider earlier interest rate hikes. Although the BOJ is expected to keep rates unchanged at 0.75% in its upcoming January meeting, officials are closely monitoring how yen depreciation is amplifying price pressures, as businesses pass rising import costs to consumers. While the central bank recently raised rates in December and has no fixed timeline for further hikes, sustained yen weakness could accelerate the tightening cycle. Market expectations of a six-month hike interval may shift if the BOJ acts more promptly. The yen recently touched a 18-month low near 158.68 against the dollar, reflecting ongoing volatility and political uncertainty, including potential early elections. Business leaders have called for government intervention to curb excessive currency declines.

marsbit01/16 05:33

Yen Weakness Triggers Inflation Red Line: Bank of Japan May Be Forced to Raise Rates Early

marsbit01/16 05:33

VanEck Q1 Global Market Outlook: Cryptocurrency Bullish Long-Term, Gold Demand Remains Strong

VanEck's Q1 Market Outlook highlights a clearer fiscal and monetary environment supporting a positive risk appetite for 2026. Key opportunities include AI-related stocks, which saw a significant valuation reset in late 2025, improving their attractiveness. Nuclear energy, linked to AI-driven power demand, also offers better risk-reward prospects after recent adjustments. Gold continues to strengthen as a global monetary asset, with strong central bank demand and a structural bullish outlook despite technical overbought signals. Business Development Companies (BDCs) now offer attractive yields and valuations after a challenging 2025. India remains a high-growth market due to structural reforms. Cryptocurrency, while maintaining a long-term bullish trend, presents mixed short-term signals as Bitcoin’s traditional four-year cycle was disrupted in 2025. Policy stability and reduced fiscal risks in the U.S. further anchor market confidence.

marsbit01/15 10:36

VanEck Q1 Global Market Outlook: Cryptocurrency Bullish Long-Term, Gold Demand Remains Strong

marsbit01/15 10:36

The Final Candidate for Fed Chair: What Is Rick Rieder's Stance on Crypto?

This article discusses Rick Rieder, the Chief Investment Officer of Global Fixed Income at BlackRock, who is being considered by former President Trump as a potential candidate to replace Jerome Powell as the next Chair of the Federal Reserve. Rieder is the final candidate to be vetted, alongside Kevin Warsh, Kevin Hassett, and Christopher Waller. Unlike the other candidates, Rieder has less government experience but is notably pro-cryptocurrency. He has publicly expressed positive views on Bitcoin, referring to it as a durable asset and a viable alternative to gold. He believes digital payment systems and cryptocurrencies are here to stay and has advocated for including Bitcoin in investment portfolios as a hedge against fiat currency devaluation. Under his influence, BlackRock began investing in Bitcoin futures and later launched a successful Bitcoin ETF. If appointed, Rieder’s stance could lead to broader institutional adoption of crypto, support for lower interest rates (he has called for cuts to around 3%), and encouragement of developments in tokenization, stablecoins, and DeFi. However, according to Polymarket data at the time of writing, his probability of being selected was only 7%, the lowest among the candidates. The final decision is expected in January.

marsbit01/13 12:21

The Final Candidate for Fed Chair: What Is Rick Rieder's Stance on Crypto?

marsbit01/13 12:21

Crypto market holds $3T as investors digest U.S. jobs data

The U.S. nonfarm payrolls (NFP) report released on 9 January showed 50,000 jobs added, below most forecasts, with unemployment at 4.4% and average hourly earnings at 3.8% YoY. Despite the cautious macro backdrop, the cryptocurrency market remained stable above $3 trillion, with a total market cap of around $3.07 trillion. The muted reaction indicates that labor data alone is insufficient to drive crypto markets, as monetary policy expectations remain largely unchanged. The market's stability suggests reduced volatility and selective risk-taking, with investors awaiting clearer signals from upcoming inflation data and Federal Reserve guidance.

ambcrypto01/09 20:32

Crypto market holds $3T as investors digest U.S. jobs data

ambcrypto01/09 20:32

2026 Fed Rate Cuts Seen as Key to Retail Crypto Comeback

According to industry analysts, Federal Reserve interest rate cuts in 2026 are seen as a key catalyst for bringing retail investors back to the crypto market. Lower interest rates typically reduce returns on conventional assets, making riskier investments like Bitcoin more attractive. While the Fed has signaled policy flexibility, market uncertainty remains regarding the timing and extent of future cuts. Previous rate cuts in late 2025 initially boosted Bitcoin to a record high of $125,100, but a subsequent liquidation event reversed gains. Bitcoin now trades nearly 30% below its peak, and market sentiment remains in "Extreme Fear." Analysts suggest that retail investor return in 2026 heavily depends on the Fed's policy direction, with potential rate cuts likely to renew market enthusiasm, while a pause or reversal could keep retail participants sidelined.

TheNewsCrypto12/31 05:02

2026 Fed Rate Cuts Seen as Key to Retail Crypto Comeback

TheNewsCrypto12/31 05:02

China Turns To Interest Rates To Kick-Start Digital Yuan Adoption

China will allow commercial banks to pay interest on digital yuan (e-CNY) wallet balances starting January 1, 2026, shifting the digital currency from a cash-like instrument to a deposit-like asset. The People’s Bank of China (PBOC) introduced the new framework, which brings e-CNY under deposit insurance protection and requires non-bank payment providers to hold full reserves. By November 2025, e-CNY recorded 3.48 billion transactions totaling ¥16.7 trillion ($2.37 trillion). The move may influence where consumers and businesses store funds, as interest-bearing e-CNY becomes more attractive. Banks may face higher operational costs but could benefit from reduced nonbank platform deposits. The policy also strengthens cross-border testing and regulatory oversight.

bitcoinist12/30 20:07

China Turns To Interest Rates To Kick-Start Digital Yuan Adoption

bitcoinist12/30 20:07

China CBDC Digital Yuan To Enter New Era on Jan. 1 — Here’s What’s Changing

China's digital yuan (e-CNY) will undergo a major transformation starting January 1, 2026, transitioning from a pilot program to a fully operational central bank digital currency (CBDC). A key change is the shift from a "digital cash" model to an interest-bearing "digital deposit" system, making it the world's first CBDC to pay interest. This move, announced by the People's Bank of China (PBOC), aims to drive adoption by making the e-CNY more attractive for both retail and institutional use. The upgrade enhances the currency's infrastructure with improved security, reserve requirements, and integration into broader financial services like payroll and loans. With transaction volumes already exceeding $986 billion by mid-2024, the e-CNY is poised to strengthen China's leadership in digital currency and expand its role in domestic and global trade.

ccn.com12/29 09:42

China CBDC Digital Yuan To Enter New Era on Jan. 1 — Here’s What’s Changing

ccn.com12/29 09:42

Bank of Japan Rate Hike Signals Raise Volatility Risks for Crypto Markets

The Bank of Japan is considering further interest rate hikes after raising its main rate to 0.75%—the highest in 30 years. Some board members argue that current rates remain too low when adjusted for inflation and advocate for additional increases. Economists forecast the terminal rate could reach 1.25%–1.50% within two years. These monetary policy shifts are causing significant currency fluctuations, with the yen falling sharply. Higher yields may lead investors to unwind leveraged positions funded with cheap yen, including those in crypto assets. Analysts warn that rising borrowing costs could trigger a retreat from risk assets, increasing crypto market volatility. This pattern was observed in 2024 when Bitcoin fell over 20% following BoJ rate decisions in March and July, and more than 30% after another hike later in the year.

TheNewsCrypto12/29 09:06

Bank of Japan Rate Hike Signals Raise Volatility Risks for Crypto Markets

TheNewsCrypto12/29 09:06

Bitcoin's Post-Halving Supply Change Is Permanently Locked by Mathematical Rules

The fourth Bitcoin halving occurred on April 20, 2024, at block height 840,000, reducing the block reward from 6.25 BTC to 3.125 BTC. This event, programmed into Bitcoin’s protocol and triggered automatically every 210,000 blocks, reinforces its deterministic and transparent monetary policy. Post-halving, daily Bitcoin issuance dropped by approximately 50%, from about 900 BTC to 450 BTC, with annualized issuance falling to around 164,250 BTC. This reduced Bitcoin’s annual supply inflation rate to roughly 0.83%, lower than gold's estimated 1–2% growth and contrasting sharply with central bank-controlled fiat systems. By the end of 2024, approximately 19.7 million BTC were in circulation, leaving fewer than 1.3 million left to be mined. Over 93.8% of the total supply has already been issued. The halving also shifted miner economics, significantly increasing the proportion of transaction fees in their total revenue. This aligns with Bitcoin’s long-term design, where security gradually transitions from block subsidies to fee-based incentives. Unlike traditional monetary systems, Bitcoin’s supply schedule is fixed, irreversible, and independent of market conditions. The next halving, expected around 2028, will further reduce the block reward to 1.5625 BTC. With the latest halving complete, Bitcoin’s low issuance rate is no longer a short-term event but a permanent baseline feature—verifiable, predictable, and enforced by code and consensus.

marsbit12/28 14:49

Bitcoin's Post-Halving Supply Change Is Permanently Locked by Mathematical Rules