Overview of Key Overnight Developments on August 9

21:00-7:00 Keywords: Putin, Customers Bancorp, Franklin Templeton, Trump

1. The probability of the Fed cutting rates by 50 basis points in September is 56.5%;

2. Trump and Harris agree to debate on September 10;

3. Trump is expected to propose a new debate with Harris; 

4. Putin signs a law legalizing cryptocurrency mining in Russia; 

5. Franklin Templeton's on-chain money market fund launches on Arbitrum;

6. Fed's Schmid: If inflation remains low, a rate cut is appropriate; 7. The White House and Harris advisors listen to cryptocurrency industry executives but make no commitments; 

8. Bitfinex analyst: Bitcoin may become a "safe-haven asset," while altcoins are more susceptible to economic downturns;

9. The Fed accuses Customers Bancorp, which serves digital asset clients, of deficiencies in risk management and anti-money laundering.