In a series of significant developments, Trump has announced the selection of the next Federal Reserve Chair, coinciding with the Federal Reserve's decision to officially end quantitative tightening today. Meanwhile, CoinShares has withdrawn its ETF applications for XRP, Solana, and Litecoin, marking a notable shift in its strategic approach.
Additionally, Bank of Japan Governor Haruhiko Kuroda has indicated a potential interest rate hike in December, while Barclays forecasts a 25-basis-point rate cut by the Fed, despite internal disagreements. Ripple has also received approval from Singapore's Monetary Authority to offer fully licensed payment services, expanding its operational capabilities in the region.
Trump Announces New Fed Chair as CoinShares Withdraws ETF Applications
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