CoinMeta data: According to media reports, a snapshot from October 7th shows that Federal Reserve Chairman Jerome Powell stated that based on the evolution of macroeconomic data, policymakers may need to tighten monetary policy. Hong Kong will submit a bill for a virtual asset services licensing regime by the end of this year, covering trading, custody, consulting, and management. The U.S. trade deficit soared to $105.6 billion, hitting a 17-month high. The UAE’s sovereign wealth fund holds nearly $1 billion in Bitcoin. South Africa’s second-largest bank FNB will launch Bitcoin trading services for 9 million customers. Hong Kong has confirmed that it will officially submit a bill regarding Bitcoin and cryptocurrencies this year. Trump said a strong dollar will not lead to inflation and is considering suspending the federal gasoline tax.