Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
South Korean and US finance ministers to meet in Washington next week, possibly discussing currency swap

South Korean and US finance ministers to meet in Washington next week, possibly discussing currency swap

CointimeCointime2025/10/12 09:57
By:Cointime

according to foreign media reports, as the issue of the implementation of the US investment plan with a total amount of $350 billion has reached a deadlock in the South Korea-US tariff negotiations, South Korea's Deputy Prime Minister and Minister of Strategy and Finance, Joo Hyun-cheol, will visit the United States on the 15th to meet with US Treasury Secretary Scott Bessent. According to South Korea's Ministry of Strategy and Finance and the department in charge of economic and trade affairs, Joo Hyun-cheol will attend the G20 finance ministers and central bank governors meeting, as well as the annual meetings of the International Monetary Fund and the World Bank in the United States on the 15th. It is expected that Joo Hyun-cheol will hold bilateral talks with Bessent at that time to exchange views on the financial affairs of the two countries. It is reported that the specific time and format of the bilateral finance ministers meeting have not yet been finalized.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Algorand - Has Declined 58.36% This Year Due to Market Fluctuations

- Algorand’s (ALGO) price fell 58.36% year-to-date, despite a stable 24-hour close of $0.1393. - The token ranks #86 with $1.23B market cap, attracting institutional interest but failing to sustain gains. - Founded by MIT’s Silvio Micali in 2017, Algorand aims to solve blockchain’s scalability-trilemma but faces adoption skepticism. - With 8.8B of 10B tokens in circulation, limited inflationary pressure contrasts with macroeconomic-driven price declines. - Analysts highlight the need for clearer enterprise

Bitget-RWA2025/11/30 06:40

TAO Halving: Will It Spark an AI-Crypto Rally or Trigger a Prolonged Correction?

- Bittensor's first TAO halving (mid-Dec 2025) cuts block rewards by 50%, aiming to reduce inflation and boost price potential through supply scarcity. - Market analysts compare this supply-driven mechanism to Bitcoin's halving pattern, noting intensified miner competition and potential bullish cycles. - While reduced liquidity and macro risks (regulation, supply chains) persist, AI sector growth (e.g., Fluence's $5.3B backlog) could amplify TAO's post-halving momentum. - The automatic halving requires no

Bitget-RWA2025/11/30 06:32
TAO Halving: Will It Spark an AI-Crypto Rally or Trigger a Prolonged Correction?

Bitcoin News Today: Bitcoin’s Evolution: Institutional Embrace Overtakes Speculative Hype

- Bitcoin's price decline to $80,000 in late 2025 exposed ETF-driven demand fragility amid $1B+ forced liquidations. - Texas Blockchain Council's $5M IBIT ETF purchase highlights institutional adoption, but self-custody rules exclude BlackRock's product from official reserves. - Macroeconomic headwinds persist with 4.5%+ 10-year yields, though Abu Dhabi's tripled IBIT holdings signal global reserve reallocation. - Market transition shows institutional prioritization of gain-locking over accumulation, with

Bitget-RWA2025/11/30 06:32
Bitcoin News Today: Bitcoin’s Evolution: Institutional Embrace Overtakes Speculative Hype

Bitcoin News Update: Tether’s Bold Moves in Gold and Bitcoin Spark Debate Over Stability and Regulatory Oversight

- Tether's increased Bitcoin and gold exposure risks USDT stability, prompting S&P to downgrade its peg rating to "weak five" in November 2025. - The firm's 116-ton gold purchase (2% of global Q3 demand) boosted gold prices 50% YTD while expanding XAU₮'s market cap to $2.1 billion. - Tether plans U.S.-exclusive USAT (100% Treasury-backed) to comply with the GENIUS Act, maintaining global gold/BTC reserves amid regulatory scrutiny. - Critics warn lack of audits and volatile asset reliance could erode trust,

Bitget-RWA2025/11/30 06:32
Bitcoin News Update: Tether’s Bold Moves in Gold and Bitcoin Spark Debate Over Stability and Regulatory Oversight