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Gate US has partnered with SoFi to create a safer and more scalable financial services infrastructure

Gate US announced a partnership with SoFi to become an infrastructure partner, helping to drive the future development of finance. As a national chartered bank, SoFi possesses strong financial strength, a solid regulatory foundation, and modern banking infrastructure, facilitating smoother connections between traditional finance and digital assets. Through this collaboration, Gate US has activated SoFi's Big Business Banking account, which is part of its ongoing efforts to build secure, compliant, and scalable financial solutions for the U.S. ecosystem.At the same time, Gate US is preparing to launch ACH and Wire functionalities. Once the ACH service is online, it is expected to allow users to link their bank accounts and make direct deposits into their Gate US accounts; the upcoming Wire feature aims to support larger and faster domestic transfers within the U.S. backed by institutional-grade banking infrastructure. Both functionalities are expected to be launched in the U.S. jurisdictions where Gate US is licensed, highlighting Gate US's compliance-first philosophy. Gate US holds MTL licenses in 36 states and operates in 47 jurisdictions across the U.S. In addition, multiple entities under Gate have completed relevant regulatory registrations, license applications, or received authorizations and approvals in jurisdictions such as Malta, the Bahamas, Japan, Australia, and Dubai. In the future, Gate US will continue to advance its compliance infrastructure, expand the accessibility of digital asset services, and provide users with safer and smoother financial solutions.
9 hours ago

Next week's macro outlook: Waller's congressional hearing coincides with CPI, and the market anticipates more clues on interest rate prospects

According to Jinshi reports, the tensions between the U.S. and Iran escalated sharply this week, with mutual attacks leading to the collapse of a fragile ceasefire agreement that had lasted for about three weeks. The inflationary pressure driven by rising oil prices has reignited expectations for the Federal Reserve to tighten its policies. During the same period, U.S. stocks largely ignored geopolitical uncertainties, with the "AI trading" frenzy regaining momentum, as the S&P 500 index approached an all-time high, and both it and the Nasdaq recorded a consecutive weekly gain. SK Hynix's ADR surged 13% on its first day, with a fundraising amount of $26.5 billion, making it the highest fundraising foreign company IPO in U.S. stock market history.In the coming week, the U.S.-Iran situation, U.S. CPI and other economic data, and speeches from Federal Reserve officials will capture Wall Street's attention. There is particular anticipation for whether Federal Reserve Chairman Waller can provide more clues about the interest rate outlook under questioning in Congress, although his determination to cancel forward guidance leaves little room for optimism. The macro data events for next week are as follows:MondayFederal Reserve Governor Waller speaksTuesdayU.S. ADP employment change for the week ending June 27U.S. June CPI and core CPIFederal Reserve Chairman Waller attends the House Financial Services Committee "Federal Reserve Semiannual Monetary Policy Report" hearingWednesday2027 FOMC voter and Chicago Fed President Goolsbee participates in a fireside chatU.S. June PPI and core PPIFOMC permanent voter and New York Fed President Williams speaksFederal Reserve Chairman Waller attends the Senate Banking, Housing, and Urban Affairs Committee "Federal Reserve Semiannual Monetary Policy Report" hearingFederal Reserve releases the Beige Book on economic conditionsThursdayU.S. initial jobless claims for the week ending July 11, U.S. June retail sales month-on-month, U.S. July Philadelphia Fed manufacturing index2026 FOMC voter and Dallas Fed President Logan speaksFederal Reserve Vice Chairman Jefferson speaks on the economy and monetary policy
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