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August 19th Midday Update: Key Developments at a Glance

7:00-12:00 Keywords: SoftBank, Intel, Federal Reserve

1. The turnover of the Shanghai and Shenzhen stock markets has exceeded 1.5 trillion yuan for the 11th consecutive trading day;

2. SoftBank Group signed a $2 billion investment agreement with Intel (INTC.O);

3. S&P confirms the U.S. "AA+/A-1+" sovereign credit rating with a stable outlook;

4. The Federal Reserve terminates its regulatory project on cryptocurrencies and distributed ledger technology;

5. Illinois passes two cryptocurrency regulation bills involving exchanges and cryptocurrency ATMs;

6. The number of ETH queued to exit the Ethereum PoS network has risen to 910,000, reaching a new historical high;

7. U.S. Treasury Secretary: Stablecoins will expand global dollar usage channels and lead to a sharp increase in demand for government bonds.

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