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Brazil's Central Bank Delays CBDC Project Drex Until 2025
According to Odaily, Adrian Cooper, CEO and Chief Economist of Oxford Economics, has predicted that the US Federal Reserve may start cutting interest rates in the second half of 2024, possibly in September.
The overall market was in a downtrend this week. At the beginning, BERA was also affected by the market and fell. However, the Berachain project quickly adjusted the pledge yield of the LSD project on the chain. Infrared Finance, the main LSD project on the Berachain chain, has achieved the highest APY of WBERA at 123%.
"While here, I had the opportunity to attend a presentation by the Director of Taxation, who outlined the countryโs proposed strategy and direction for regulating cryptocurrencies once the government provides legislative clarity,โ Reyes told CoinDesk. "