PANews reported on October 27th that at the 2025 Financial Street Forum Annual Meeting, People's Bank of China Governor Pan Gongsheng stated that last year, the People's Bank of China implemented the instructions of the Central Financial Work Conference and began trading treasury bonds in the secondary market. This was an important measure to enrich the monetary policy toolbox, enhance the financial functions of treasury bonds, leverage the treasury bond yield curve as a pricing benchmark, and improve the coordination between monetary and fiscal policies. It also contributed to the reform and development of my country's bond market and enhanced the market-making and pricing capabilities of financial institutions. In practice, the People's Bank of China flexibly conducts two-way treasury bond trading operations based on the needs of base money supply, taking into account factors such as bond market supply and demand and changes in the yield curve shape, to ensure smooth monetary policy transmission and stable financial market operations. Earlier this year, the People's Bank of China suspended treasury bond trading due to significant pressure from supply and demand imbalances in the bond market and the accumulation of market risks. Currently, the bond market is operating well overall, and the People's Bank of China will resume open market treasury bond trading.PANews reported on October 27th that at the 2025 Financial Street Forum Annual Meeting, People's Bank of China Governor Pan Gongsheng stated that last year, the People's Bank of China implemented the instructions of the Central Financial Work Conference and began trading treasury bonds in the secondary market. This was an important measure to enrich the monetary policy toolbox, enhance the financial functions of treasury bonds, leverage the treasury bond yield curve as a pricing benchmark, and improve the coordination between monetary and fiscal policies. It also contributed to the reform and development of my country's bond market and enhanced the market-making and pricing capabilities of financial institutions. In practice, the People's Bank of China flexibly conducts two-way treasury bond trading operations based on the needs of base money supply, taking into account factors such as bond market supply and demand and changes in the yield curve shape, to ensure smooth monetary policy transmission and stable financial market operations. Earlier this year, the People's Bank of China suspended treasury bond trading due to significant pressure from supply and demand imbalances in the bond market and the accumulation of market risks. Currently, the bond market is operating well overall, and the People's Bank of China will resume open market treasury bond trading.

                                                                               Ethereum co-founder Vitalik Buterin defended his blockchain’s 45-day exit queue after Galaxy Digital’s head of digital called it “troubling,” sparking backlash.                     Ethereum co-founder Vitalik Buterin has finally addressed some concerns over the lengthening Ethereum staking exit queue, which has now grown to 45 days. His response came after Galaxy Digital’s head of DeFi, Michael Marcantonio, called the exit queue length “troubling” on X and compared it to Solana which only needs two days to unstake. He has since deleted the posts. However, Buterin seemingly took a more ideological stance on the subject, describing unstaking from Ethereum as “more like a soldier deciding to quit the army,” adding that staking is more about “taking on a solemn duty to defend the chain.”Read more