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According to ChainCatcher, citing Golden Ten Data, Société Générale strategist Kit Juckes pointed out that the U.S. economy faces the risk of slipping into a mild recession, which could trigger larger rate cuts and lead to a weaker dollar. He stated that slowing growth and high U.S. stock valuations could repeat the mild recession scenario of 2001. Juckes warned: "If concerns about inflation, economic growth, asset valuations, and market bubbles ultimately tip the balance and cause the economy to slide into recession, then the declines in both interest rates and the dollar could far exceed our expectations."

Jinse Finance reported that the Hong Kong Securities and Futures Commission (SFC) expressed its support for promoting regulatory compliance in the market at a seminar held last week by the Hong Kong and Greater Bay Area Fund Administrators Association. The seminar aimed to enhance the industry's awareness of regulatory compliance standards in the rapidly developing digital asset sector. Dr. Yip Chi-hang, Executive Director of the Intermediaries Division of the Hong Kong SFC, delivered a keynote speech at the seminar. During the event, the Hong Kong and Greater Bay Area Fund Administrators Association discussed various risk management and monitoring measures to support the management of digital asset funds and tokenized funds. Notably, the discussion emphasized the importance of internal cooperation within the fund industry to strengthen the adoption of innovative technologies in fund management, while also enhancing technical and regulatory compliance capabilities related to digital assets. Dr. Yip stated: "The SFC is committed to raising professional standards and fostering mutual trust in the digital asset market. By supporting industry participants in their ongoing efforts to comply with regulatory requirements for managing digital asset funds and tokenized funds, we aim to establish a safe, reliable, sustainable, and competitive digital asset fund ecosystem based on robust risk management and investor protection."