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15:53
U.S. Representatives Introduce the "Payment and Settlement System Act," Aiming to Modernize the Payment System
BlockBeats News, April 21st, according to CoinDesk, U.S. lawmakers have introduced the Payment and Settlement System Act (PACE Act), aimed at modernizing the U.S. payment system. This act will enable eligible companies to have direct access to the Federal Reserve's payment system, thereby reducing delays, lowering costs, and speeding up fund transfers for consumers and businesses. The proposal has received support from the fintech and cryptocurrency communities, aiming to make payments faster, cheaper, and more competitive.
15:45
Wash: Will Never Become Trump's "Puppet"
BlockBeats News, April 21st, Federal Reserve Chair Nominee Kevin Wash stated, "It is a great honor to receive the President's nomination. If ultimately appointed as the Federal Reserve Chair, I will be an independent decision-maker." Responding to a question from Louisiana Senator John Kennedy, Wash said he would never become a puppet of the President. Wash also stated that Trump did not ask him to make commitments on certain rate decisions. Wash said, "The President has never asked me to make any specific commitments on rate decisions, that is for sure. And even if he did make such a request, I would never agree to it."
15:45
MSCI Nordic Countries Index fell by 0.7%, marking the largest single-day drop since April 7, closing at 387.23 points.
Among the ten sectors, the Nordic healthcare sector experienced the largest decline. Novo Nordisk closed down 4.2%, performing the worst among the Nordic stocks.
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