ef

According to Fortune magazine, the decentralized derivatives trading platform Hyperliquid has officially established the Hyperliquid Policy Center in Washington, D.C., with veteran crypto lawyer Jake Chervinsky serving as the first CEO.The center aims to create legal pathways for the widespread adoption of DeFi in the United States, helping Congress and federal agencies understand the underlying technology of DeFi and providing professional support for regulatory rule-making. Chervinsky stated that the current regulatory framework was formed in the analog era and cannot cover new trading forms such as decentralized protocols. One of the center's primary tasks is to develop a legal framework for perpetual contracts.The Hyperliquid affiliated foundation has donated 1 million platform native tokens HYPE (currently valued at approximately $28 million) to support the center's operations. The founding team also includes policy advisor Brad Bourque (former lawyer at Sullivan & Cromwell LLP) and policy director Salah Ghazzal (former policy head at Variant). The center is currently hiring for positions such as Chief of Staff, Director of Communications, and Director of Government Relations.

The U.S. Commodity Futures Trading Commission (CFTC) submitted an amicus brief to the U.S. Court of Appeals for the Ninth Circuit regarding the prediction market dispute between Crypto.com and the state of Nevada, arguing that Congress granted the CFTC "exclusive jurisdiction" over futures and related products under the Dodd-Frank Act, and that this authority also applies to event contracts.

According to The Block, Bitwise Chief Investment Officer Matt Hougan stated that decentralized finance is expected to lead the crypto market out of the current bear market. He pointed out that major DeFi protocols have shown substantial progress: Uniswap DEX's trading volume often exceeds that of centralized exchange Coinbase, and DeFi lending platform Aave has an annual revenue of over $100 million. Hougan believes that the next bull market will focus on fundamentals, and DeFi aligns with this trend.Hougan specifically mentioned Aave Labs' recent governance proposal, which aims to transfer all Aave brand product revenues to the DAO treasury while adjusting the incentive mechanisms between developers and the community. He believes this shift will help address the long-term misalignment between the protocol's success and the token's value; if Aave can achieve this, other DeFi assets may follow suit. He also noted signs of institutional participation, such as BlackRock investing in Uniswap and Apollo investing in Aave competitor Morpho.Additionally, Strategy co-founder and Executive Chairman Michael Saylor stated in an interview with Fox Business that the current crypto market is indeed in a bear market, but "it is much milder than previous cycles" and "will last a shorter time." He mentioned that the banking sector's support for Bitcoin is stronger than it was four years ago, with continuous capital inflow and ongoing technological advancements, and posted on X platform that "spring is coming, Bitcoin is winning."

According to Crowdfund Insider, Nimbus Capital announced a strategic partnership with the non-custodial wallet Chimera Wallet, built on Bitcoin's VTXO technology, worth $15 million. The aim is to expand decentralized finance (DeFi) capabilities within the Bitcoin ecosystem and promote the development of programmable financial tools on the Bitcoin network.Both parties stated that this collaboration will integrate the underlying security of Bitcoin with the programmable capabilities of the Arkade layer built on Bitcoin, providing users with DeFi-related services including asset exchange, lending mechanisms, liquidity features, fiat deposit channels, and payment integration, while maintaining control over self-custodied assets.Claudio Levrini, founder and director of Chimera, stated that this partnership combines financial expertise with the construction of Bitcoin infrastructure, aiming to enhance the practical application scenarios of Bitcoin while ensuring self-custody. Robert Baker, managing partner of Nimbus Capital, mentioned that this move will help further integrate Bitcoin in institutional and decentralized scenarios.It was introduced that Chimera plans to leverage this collaboration to accelerate product development, including the global promotion of the Chimera Visa card to support BTC and fiat conversion, integration of digital gift cards and merchant gateway systems, enhancement of liquidity and cross-chain interoperability, as well as the development of user-facing features including Swap, yield products, and portfolio management.

According to Jinshi News, ECB Executive Board Member Fabio Panetta: The digital euro network will be ready for use by private payment systems before 2029.

According to CNBC, Wells Fargo stated that some taxpayers may receive larger refunds this year compared to previous years, which could drive funds into risk assets such as stocks and Bitcoin. This is due to provisions in the Inflation Reduction Act passed last summer that are favorable to taxpayers in 2025.Additionally, the IRS did not update its withholding tax tables last year, so wage earners are less likely to face surprises from adjustments to taxes already withheld.Wells Fargo noted in its latest analyst report that these factors could lead to as much as $150 billion flowing into the market by the end of March, as over 60% of refunds are issued.The bank's analysts added that the expected liquidity injection could boost Bitcoin as well as stocks favored by retail investors, such as Boeing and Robinhood. Wells Fargo analyst Ohsung Kwon stated in a report on Sunday, "We believe the additional savings from tax refunds—especially for high-income consumers—will flow back into the stock market.""Increased savings will drive speculative sentiment... We expect the 'YOLO' mentality to return." The analysts pointed out that Bitcoin could serve as a proxy indicator for liquidity, signaling a shift in investment patterns. According to Wells Fargo data, domestic liquidity has decreased by $105 billion over the past four weeks, while Bitcoin has retraced about 29% in the past month.

According to The Block, investment bank TD Cowen stated that filling the Democratic vacancies at the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission could help advance negotiations on the U.S. crypto market structure bill.The investment bank pointed out that the biggest obstacle to the passage of this bill is not its core framework (i.e., whether digital assets should be regulated as securities by the SEC or as commodities by the CFTC), but rather a political dispute surrounding conflict of interest rules.Democrats are pushing for a ban to prevent senior government officials and their families from engaging in specific financial transactions involving digital assets. TD Cowen noted that, given Trump's involvement in the crypto project World Liberty Financial, this proposal would affect Trump and his family. Bloomberg estimated last month that Trump has made about $1.4 billion from his crypto project. The Trump family also holds a 20% stake in the mining company American Bitcoin.According to TD Cowen, it is unlikely that Democrats will abandon this demand, as the party has used Trump's crypto asset holdings as campaign material ahead of the midterm elections. Last month, no Democratic senators voted in favor of a bill in the Senate Agriculture Committee, citing concerns over Trump's crypto project. It remains unclear whether Democrats will support the Senate Banking Committee's bill.TD Cowen stated that Republicans oppose the proposal because they believe Trump would veto any legislation requiring his family to divest their crypto asset holdings. The report added that this disagreement has already caused a political stalemate, even as industry groups continue to negotiate the crypto regulatory framework.One possible path forward is for both parties to reach a compromise. In this scenario, Trump would agree to fill the Democratic vacancies at the SEC and CFTC. In return, Democrats would accept conflict of interest provisions that would only take effect after the next presidential inauguration.

According to Jinshi, Fed's Daly stated that we have about 75 basis points of room before reaching the neutral interest rate.

According to Jin Ten, Federal Reserve Governor Barr stated that evidence is needed to show that commodity price inflation is consistently declining before further rate cuts.

According to Jinshi reports, Federal Reserve Governor Barr stated that it is a prudent move for the Federal Reserve to take time to observe data before adjusting policy again.

According to Bloomberg, cryptocurrency exchange Gemini Space Station Inc. announced on Tuesday that its Chief Operating Officer, Chief Financial Officer, and Chief Legal Officer will leave the company immediately.Documents submitted by Gemini to the Bloomberg Terminal show that executives Marshall Beard, Dan Chen, and Tyler Meade are leaving the company effective immediately. Notably, Marshall Beard, who also served as a member of the Gemini board, has resigned from his board position as well, and the company stated that his departure is not due to any disagreements with the company.

According to CoinDesk, Agant CEO Andrew MacKenzie stated that the direction of the UK's crypto regulatory framework is correct, but the pace of advancement is insufficient to support the country's ambition to become a global digital asset hub.MacKenzie believes that the UK government has repeatedly committed to positioning London as a global center for crypto and digital asset activities. However, comprehensive legislation covering stablecoins and broader crypto activities is not expected to receive parliamentary approval until later this year, with formal implementation possibly waiting until 2027.Agant plans to issue a stablecoin called GBPA, which is fully backed 1:1 by the British pound. The company has currently registered with the Financial Conduct Authority (FCA) in the UK, indicating its intention to target institutional investors rather than the retail cryptocurrency market. Agant has positioned GBPA as the infrastructure for institutional payments, settlements, and tokenized assets.

Ju.com Spring Festival "Ten Consecutive Releases" Mainstream Coin 20% Off New Phase 2 ETH ended on February 16 at 16:00, with a total of 10,115 participants and approximately $69,843,630 raised, exceeding the target by 850%, with the USDT pool exceeding by 1049.2%. After the subscription asset settlement, there is no lock-up period, and it can be sold or withdrawn directly.Phase 3 SOL will be launched on February 17 at 16:00, and users can continue to participate in the new release at a 20% discount. Ju.com has also upgraded several incentives based on the original benefits:Users participating in the new release can receive bonuses and contract experience funds;Successfully participating in the new release will also grant a chance to enter a lottery, with opportunities to win physical prizes such as 88g gold bars and iPhone 17;Inviting friends to successfully participate in the new release can earn up to 5% new release token rewards.For more details, please pay attention to Ju.com official announcements and event pages.

According to Cointelegraph, Aave founder Stani Kulechov stated that by 2050, DeFi could benefit from tokenizing $50 trillion worth of "abundant assets" (such as solar energy), thereby opening up a new category of on-chain collateral.Data from RWA.xyz shows that nearly $25 billion of real-world assets have already been tokenized on-chain, but they primarily exist in the form of U.S. Treasury bonds, stocks, commodities, private credit, and real estate.Kulechov expects these scarce assets to continue to grow, but "the greatest impact of tokenization can be achieved through the tokenization of abundant assets." By 2050, solar energy alone could account for $15-30 trillion.

U.S. District Judge Beth Bloom of the Southern District of Florida issued a $2.8 million default judgment against former crypto influencer Ben Armstrong (also known as "BitBoy") in a defamation case brought by investor Kevin O'Leary. The court ruled against Armstrong in six counts of defamation due to his failure to present a defense. The damages include approximately $78,000 for reputational harm, $750,000 for emotional distress, and $2 million in punitive damages.The case stems from a post Armstrong made on the X platform in March 2025, where he falsely claimed that O'Leary was involved in a fatal boating accident in 2019 and committed murder.

In response to the statement made by the so-called "former Binance listing manager Chase" in an interview regarding "the short-term price of cryptocurrencies being influenced by liquidity, attention, and chip structure," He Yi stated, "Short-term prices are indeed greatly affected by liquidity, traffic, and token structure, but whether the hype can transcend cycles depends on factors such as revenue, empowerment, issuance, and destruction. For example, BTC, ETH, and BNB have all broken free from the constraints of the first three elements. The crypto industry has been financing through storytelling for many years; the narrative is dead, and practicality must prevail."

Coinbase CEO Brian Armstrong posted on the X platform that enabling more x402 checkout processes is very important so that customer service personnel can work more efficiently.