According to a Bloomberg report, payment giant Stripe is exploring the possibility of acquiring established fintech company PayPal, potentially involving a full acquisition or a partial acquisition of assets. Negotiations are currently in the early stages, and Stripe has not commented on the news. Stripe's latest valuation is approximately $159 billion, while PayPal's stock price has fallen by nearly 40% over the past year. As a pioneer in internet payments, PayPal drove the adoption of digital wallets, but its growth is facing pressure from emerging competitors and the rise of digital assets. Stripe, on the other hand, has been expanding into the crypto payments sector in recent years, and this potential acquisition could reshape the competitive landscape of the global payments industry.

According to Odaily, Richard Blumenthal, the ranking Democrat on the Senate Homeland Security Committee's investigation subcommittee, has launched an investigation into Binance following reports that the platform may be involved in sanctions circumvention activities related to Iran. In a letter to Binance CEO Richard Teng, Blumenthal requested documents including records of Iranian users' use of Binance, internal compliance investigation materials, and information on the dismissal of relevant employees. Media reports indicate that Binance's compliance team discovered that partners Hexa Whale and Blessed Trust were used as money laundering intermediaries and provided transaction channels for Iranian government-related entities. Employees involved in the investigation have reportedly been disciplined or dismissed. Binance denies these allegations.

Odaily Planet Daily reports that Federal Reserve Chair Janet Collins stated that due to recent economic data showing improvement in the labor market, interest rates may remain unchanged "for some time," but inflation risks persist. Collins noted that the labor market is showing some unusual signs of stabilization. She also pointed out that more evidence is needed that the inflation rate is falling back to around 2%. Currently, interest rates are in a slightly tightening state, perhaps very close to neutral. Federal Reserve Chairman Barkin also participated in the discussion, stating that he still believes there are two-way risks to the Fed's mandate. He said, "Nobody wants inflation to stagnate, and nobody wants the labor market to weaken further. We are well-prepared."

According to CME's "FedWatch," the probability of the Federal Reserve cutting interest rates by 25 basis points by March is 2%, while the probability of keeping rates unchanged is 98.0%. The probability of a cumulative 25 basis point rate cut by April is 15.9%, the probability of keeping rates unchanged is 83.8%, and the probability of a cumulative 50 basis point rate cut is 0.3%. The probability of a cumulative 25 basis point rate cut by June is 42.7%.

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