The People's Bank of China (PBOC) Governor has reiterated the country's firm stance against stablecoins, emphasizing ongoing regulatory crackdowns. This announcement comes as global regulatory landscapes shift, with Hong Kong's Securities and Futures Commission (SFC) considering new crypto investment guidelines for listed companies. Meanwhile, the U.S. Federal Reserve has cut interest rates and ended its balance sheet reduction, signaling potential economic adjustments. In a related development, former President Trump is reportedly considering nominating a Federal Reserve Chair with a crypto-friendly stance, which could influence future U.S. monetary policy. Additionally, Australia is expanding its cryptocurrency regulations, reflecting a broader trend of increased regulatory scrutiny in the crypto sector worldwide.