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03:23
China's first park-level token base established in Baotou
Golden Ten Data reported on April 21 that on April 20, the “nation’s first park-level Token base project” was officially signed in Guyang County, Baotou City. This project integrates operations, products, computing power, and energy to build China’s first park-level Token production and operations center, creating a green industry model with “electricity in, Tokens out.”
03:23
Goldman Sachs: Bank of Japan may still raise interest rates in July
```htmlGolden Ten Data reported on April 21 that the specific timing of the next rate hike by the Bank of Japan remains uncertain, with significant unpredictability. However, Goldman Sachs analyst Akira Otani stated that there is still a possibility of a rate hike in July. In a research report, Otani noted: "By then, all the data needed to assess the impact of high oil prices on the economy, wages, and prices will have been released." The Bank of Japan may keep interest rates unchanged this month, but it may revise down its economic growth forecast and raise its inflation prediction for fiscal year 2026 to reflect the heightened tensions in the Middle East and rising oil prices. Otani added that the Bank of Japan may consider the uncertainty around this outlook to be very high.```
03:21
Shin Hyun-sung: Will accelerate the advancement of CBDC and focus on deposit tokens
According to Naver, Bank of Korea Governor Rhee Chang Yong stated in his inaugural speech that the promotion of central bank digital currency (CBDC) will be accelerated, with a focus on advancing the second phase of “Project Han River” to enhance the use of CBDC and deposit tokens. He also aims to strengthen the status of the Korean won in digital payments through international cooperation projects such as Agora. He did not mention a Korean won stablecoin, but previously stated in a hearing that CBDC and stablecoins can coexist. He emphasized that deposit tokens based on CBDC should be a priority and pointed out that stablecoins have limitations regarding redemption guarantees, central bank control, and security.
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