链捕手ChainCatcher

According to a ChainCatcher report, at the Jackson Hole conference, Georgieva, Managing Director of the International Monetary Fund (IMF), said that stablecoins and tokenization could improve global financial liquidity, making large cross-border payments cheaper and faster; however, stablecoins could also intensify currency substitution, capital flows, and exchange-rate volatility, and weaken capital controls and monetary sovereignty. Dollar stablecoins could further expand the dollar’s global network effects and marginally reduce the cost of U.S. financing, but they cannot replace fiscal discipline.
At this year’s Jackson Hole Global Central Banking Conference, three clearly defined institutional paths have emerged: the BIS is leaning toward “marginalizing stablecoins and placing tokenized deposits at the center”; the ECB is leaning toward “putting central bank money on-chain”; and the IMF is more willing to acknowledge stablecoins’ real-world efficiency in cross-border payments, but focuses risks on emerging-market currency substitution and capital flows. This has more policy implications than simply “supporting or opposing stablecoins.”

ChainCatcher reports: At the start of this week, U.S. Treasury Secretary Bessent vowed to launch an “economic onslaught” against Iran and its trading partners, again trying to end the war. But by the weekend, countries with ties to Iran have, so far, paid little attention to this threat, and analysts have expressed disappointment with the actions taken by the United States.
As the week comes to a close, the United States has announced plans to sanction Mısr Bank’s branch in the UAE. Earlier, Bessent warned that the world would see major news of a financial institution being sanctioned before the end of this week, so this move falls far short of expectations.

ChainCatcher message: Zhao Changpeng appeared on the podcast show (Meanders) and, in a conversation, discussed coping pressure, adapting, and lifelong motivation in his work in the crypto space. When asked about coping pressure, Zhao Changpeng said, "I usually don’t set specific targets. I just do my own best. This year the market hasn’t been good; the company’s performance may decline, but I’ve done my best. I haven’t been lazy, and I haven’t made any major mistakes. When it comes to handling problems, it’s the same for me."
No matter how difficult the problem is, I only do my best to handle it. I also believe in simulation theory—I believe this world is simulated, so it’s like a game. It’s simulated, but that doesn’t mean the game isn’t important. In this game, I just have to do my best. You do your best to handle things, and once you’re done, you can only wait. You just end up winning by doing nothing else.

ChainCatcher report: CZ appeared on the (Meanders) podcast hosted by 蜉蝣天地. CZ said that if he were to rebuild a global crypto trading platform by going back to 2017, the first principle would be to not touch U.S. users. Their definition of centralized finance platforms is: if you have U.S. users, then you need to comply with U.S. regulations, and you need to obtain a license in the U.S. This is not implemented 100% the way it is there, but they have the power and ability to do so.
Additionally, the contract may be done a bit earlier. Even some other financial products may be done earlier, and the financial products may be covered more comprehensively. Communication with regulators may be done more thoroughly as well. Binance currently communicates the most with regulators among trading platforms, but its coverage is still somewhat insufficient. And if you truly want to do something like this, the cost is extremely high. It’s not just a matter of money—you need to hire good people, and it takes a lot of time, and a lot of time managing this matter.