Brazil to Propose 3.5% Tax on Stablecoin Purchases and Remittances

Ripple CEO Praises CFTC’s New “Olympics” Crypto Committee

CFTC named a 35-member Innovation Advisory Committee, including CEOs from Ripple, Coinbase, Uniswap, Solana Labs, and Chainlink Labs. The committee also includes leaders from CME, Nasdaq, ICE, DTCC, DraftKings, FanDuel, and Polymarket, per the CFTC roster. Ripple CEO Brad Garlinghouse has

Cryptocurrency Market Rebounds Amid U.S. Government Shutdown: Bitcoin, Ethereum, XRP, and Solana Rise Simultaneously

February 14 News, the United States experienced a partial government shutdown due to the failure to pass the budget on time. However, against the backdrop of increasing political uncertainty, the cryptocurrency market defied the trend and rose. Mainstream assets such as Bitcoin, Ethereum, XRP, and Solana showed significant rebounds, driving the overall market capitalization to recover. Market data shows that in the past 24 hours, the total market value of cryptocurrencies increased by nearly 5%, reaching approximately $2.38 trillion. The previous weeks of volatility and decline had kept many investors on the sidelines, but this round of rebound has injected new activity into the market. Although some analyses had predicted that the shutdown would increase selling pressure, the actual trend has contrasted with those expectations.

The Central Bank of Russia plans to study tying the ruble to stablecoins, seeking new payment tools to circumvent sanctions

February 14 News, the Central Bank of Russia recently announced that it will conduct in-depth research on the feasibility of pegging stablecoins to the ruble and assess their risks and potential benefits. On February 12, Vladimir Chistyukhin, First Deputy Governor of the Central Bank of Russia, revealed at the Alpha Dialogue Conference in Moscow that the research plan aims to explore how stablecoins can better integrate into Russia's financial system. This move comes at a critical moment when Russia, facing Western sanctions and global banking access restrictions, is seeking new payment tools. For years, the Central Bank of Russia has opposed stablecoins, especially those pegged to fiat currencies, believing they could pose financial stability and regulatory risks. However, as cryptocurrencies gradually enter the international settlement space and the digital ruble project is launched, the stance of the Central Bank of Russia has changed. Previously, Russia allowed cryptocurrencies for some international settlements, and the digital ruble has entered the pilot phase. It is expected that stablecoins will be fully launched by the end of 2026.

Solana founder joins CFTC's core think tank, bringing a technical perspective to U.S. crypto policy

February 14 News, the U.S. cryptocurrency regulatory system is accelerating the integration of industry-leading technical talent. Anatoly Yakovenko, the founder of the high-speed blockchain Solana, was recently selected for the newly established Innovation Advisory Committee of the U.S. Commodity Futures Trading Commission (CFTC), becoming one of the few blockchain protocol designers directly involved in federal policy discussions. This appointment indicates that U.S. regulators are shifting from an “external review” approach to a new path of “collaborating with developers to set rules.” The Innovation Advisory Committee is composed of 35 members, focusing on cutting-edge issues in blockchain infrastructure, artificial intelligence, and digital asset markets, and providing regulatory agencies with advice on technology and market trends. The committee is led by Michael S. Selig, with the goal of helping the U.S. market adapt more efficiently to the rapidly evolving fintech environment. Yakovenko’s practical experience in low-latency, high-throughput network architecture is seen as offering a realistic perspective for derivatives settlement, on-chain transparency, and system stability assessment.

For professional investors only! Hong Kong opens up crypto asset-backed financing and perpetual contracts

The Hong Kong Securities and Futures Commission has opened up virtual asset margin financing and perpetual contracts, limited to professional investors to enhance market liquidity and risk management. Measures include allowing Bitcoin and Ethereum as collateral, while establishing transparent design and information disclosure principles to assist investors in risk management. Affiliates can act as market makers to further increase liquidity.

State Council: Fully introduce blockchain and other technologies to conduct end-to-end certification for green electricity production and related processes

ChainCatcher News, the General Office of the State Council issued the Implementation Opinions on Improving the National Unified Electricity Market System, which points out to improve the functions of the electricity market, accelerate the establishment of a green electricity consumption certification mechanism, and fully introduce technologies such as blockchain to conduct full-chain certification for green electricity production, consumption, and other links.