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On May 25th, Alibaba DAMO Academys XuanTie team announced on its official Weibo account that its 9-series high-performance processors have completed adaptation to the Android 16 operating system and have released the XuanTie Android platform to strategic customers. As the worlds first RVA23-compatible RISC-V processor to successfully run the latest version of Android, the XuanTie 9-series represents a breakthrough, marking a new stage in RISC-Vs integration into the Android ecosystem, moving from functional porting to standardized compatibility and product delivery, laying a technological foundation for large-scale commercial deployment. Currently, the XuanTie Android platform is open to the first batch of XuanTie strategic customers, accelerating the exploration of new RISC-V smart terminal scenarios and significantly shortening the cycle from chip prototype to product launch.May 25th - According to Malaysian police, a serious safety accident occurred on an oil drilling platform off the coast of Terengganu, Malaysia, at noon on the 24th. Four workers were conducting maintenance on the bottom of the platform in an enclosed lifeboat when the lifeboats rope suddenly broke. The accident has resulted in three deaths and one serious injury. Petronas, Malaysias national oil company, is actively cooperating with relevant authorities in a full investigation into the cause of the accident.On May 25th, Eamonn Sheridan, an analyst at the US financial website InvestingLive, pointed out that the minutes of the Federal Reserves April meeting showed a significant shift in the Feds stance. Previous statements emphasizing a "flexible and rapid" response to economic data have been replaced by new wording: persistently high inflation, coupled with the uncertainty surrounding the economic impact of the ongoing conflict in Iran, may mean that policy needs to remain paused for a longer period than previously expected. The inflation situation facing new Chairman Warsh is not simply an energy issue. Officials pointed out that high fuel costs are gradually being passed on to shipping rates, airfares, and fertilizer costs, spreading inflationary pressures to a wider range of areas. This transmission effect makes inflation less likely to be seen as a temporary factor, and gives hawkish officials a more sustainable basis for advocating for maintaining high interest rates or even raising them. The market currently expects that if inflation fails to subside, the Fed may resume raising interest rates by the end of 2026 or early 2027. Warsh himself favors rate cuts, but this stance creates a potential conflict with a committee that is clearly becoming more hawkish; as Warshs leadership style gradually emerges, this dynamic could exacerbate volatility in communication within the FOMC.The yield on Japans 30-year government bonds fell 5.5 basis points to 3.955%.Chart: Asian market data for Monday, May 25, 2026

US Fed Considering CBDC, But Not Decided To Pursue or Implement

Cory Russell

Apr 15, 2022 10:40

The Federal Reserve of the United States has said that it is exploring creating a central bank digital currency (CBDC). The central bank has not yet determined whether or not to pursue or deploy a digital dollar, according to the central bank.


The Fed, on the other hand, has already issued a CBDC report emphasizing the use of stablecoins like USD Coin and Tether; the statement on Thursday is the most important to date.

Fed Exploring CBDC “Benefits and Risks”

In a tweet today, the authority said that it is looking into the possible advantages and hazards of CBDCs.


It has also produced a series of CBDC FAQs, explaining why it is contemplating it now. Given technology improvements ushering in a rush of new private-sector financial goods and services, the Fed believes it is the "appropriate moment" to examine a digital dollar.


CBDCs, according to the bank, might provide a variety of advantages. A digital dollar, for example, might give consumers and businesses a simple, electronic version of central bank money, as well as a platform for entrepreneurs to develop new financial goods and services and promote quicker and cheaper payments.

Lawmakers Critical of Fed’s Progress

US legislators questioned Fed Chair Jerome Powell in January on the pace and status of the Fed's CBDC review, which was set to be released last summer.


Fed Governor Christopher Waller stated last month that he isn't sure that a CBDC is necessary for retail consumers in particular.


"Are we actually in need of it?" That is something I have yet to be persuaded of. It's not to say I couldn't be, but I've never seen that on a retail CBDC."


Tom Emmer, a Minnesota politician, sponsored a measure in January to restrict the Fed from exercising unilateral authority over the US CBDC. The lawmaker wants the central bank to be prohibited from issuing digital dollars to people directly.

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