Regulation & Policy

CertiK's "2026 Skynet Prediction Market Report" indicates that the predicted trading volume of prediction markets will reach $63.5 billion in 2025, with risks increasing accordingly. Legalized in the United States but banned in some EU countries, future efforts will need to address liquidity, security, and revenue models to achieve sustainable development.

ChainCatcher News, according to the Financial Times, the European Union has proposed a comprehensive ban on all cryptocurrency transactions with Russia to prevent sanctions evasion.

Russia's communications regulator Roskomnadzor has implemented speed restrictions on Telegram since February 10, and has received over 13,000 user complaints about service disruptions. Although a complete ban is not currently planned, if Telegram fails to comply with legal requirements, it could impact its user experience in Russia and subsequently affect the TON blockchain ecosystem closely linked to it.

Odaily Planet Daily reports that Blockchain.com announced today that it has officially registered with the UK Financial Conduct Authority (FCA) and is authorized to operate crypto asset services, including brokerage, custody, and institutional-grade cryptocurrency services in the UK. The company obtained a MiCA (Markets in Crypto-Assets) license last year, enabling it to provide crypto services across all 30 European Economic Area (EEA) countries under a unified regulatory framework.

The CFTC revised guidelines to include national trust banks as stablecoin issuers, aligning with the FDIC framework and excluding algorithmic stablecoins. This change complies with the regulatory framework of the Genius Act@E1@, strengthens the compliance of the stablecoin market, helps establish legitimate financial models, and enhances investor confidence.

Vietnam is moving towards formal crypto regulation with a proposed draft tax plan that includes a 0.1% transfer tax for individuals and a 20% tax on corporate profits. The initiative aims to integrate the booming market into the economy and generate tax revenue while imposing strict requirements on exchanges, potentially limiting competition.

Author: Xiao Sa Legal Team On February 6, 2026, the People's Bank of China and seven other ministries jointly issued the "Notice on Further Preventing and Disposing of Risks Related to Virtual Currencies and Other Issues" (hereinafter referred to as the "2.6 Notice"). In my personal opinion, the 2.6 Notice is actually an advanced version of the "Notice on Further Preventing and Disposing of Risks of Virtual Currency Trading and Speculation" issued by ten ministries in 2021 (hereinafter referred to as the "9.24 Notice"): 1. The regulatory standards for virtual currencies remain largely similar to the 9.24 Notice, with no substantial changes except for some necessary patches to note; 2. The regulatory standards for NFTs and other digital assets, digital artworks remain blank; 3. Clear but strict RWA regulatory standards have been established. Next, Sister Sa's team will provide a detailed analysis. 1. Detailed Explanation of RWA Regulatory Standards A one-sentence summary of China's current RWA regulatory approach: Permissive with strict conditions.

US regulators have taken a decisive step toward refining digital asset oversight. The Commodity Futures Trading Commission(CFTC) expanded eligible stablecoin issuers to include national trust banks, correcting an unintended gap in its December guidance. This update aligns stablecoin regulation

Amidst the intense volatility in the cryptocurrency market, DeFi protocol World Liberty Financial (WLFI), supported by the family of U.S. President Donald Trump, has unexpectedly come under pressure due to liquidation risks faced by lending platforms. The protocol was forced to sell Bitcoin to repay debts, drawing significant market attention. According to on-chain data platform Arkham Intelligence, the official wallet of World Liberty Financial sold over 170 Bitcoins on Wednesday at an approximate price of $67,000 each, cashing out about $11 million. The funds were immediately transferred to leading lending protocol Aave to repay loans and avoid liquidation. Alongside the forced sale of assets to cover debts, WLFI tokens have also continued to experience downward pressure.

Stablecoin risks have entered the global spotlight after South Africa’s top central banker issued a strong warning on digital asset fragility. His remarks reflected growing unease among regulators who monitor crypto markets more closely than ever. Policymakers now question whether stablecoins can ma

Eight Chinese government departments jointly issued new regulations, completely banning virtual currency and real-world asset (RWA) tokenization activities, and emphasizing that virtual currencies do not have legal tender status. The new regulatory measures require both domestic and foreign individuals not to provide virtual currency services, and strengthen the legal accountability for violations. At the same time, efforts are being made to crack down on virtual currency mining, prohibiting related businesses and services.

CoinDesk's Consensus Hong Kong Conference will kick off this Wednesday, with Chief Executive John Lee delivering a speech. The conference will discuss hot topics in the financial sector, including asset tokenization, stablecoins, decentralized finance, and more. The White House will also hold a related meeting, expected to focus on cryptocurrencies and their regulation.

In January 2026, cryptocurrency wallet phishing losses soared to $6.3 million, a 207% increase from December. Scam Sniffer data shows that attackers have shifted to a "whale hunting" strategy, with just two victims accounting for 65% of the total losses, the largest single loss reaching $3.02 million. Another "address poisoning" incident resulted in a single victim loss of $12.25 million.

Amidst the intense volatility in the cryptocurrency market, DeFi protocol World Liberty Financial (WLFI), supported by the family of U.S. President Donald Trump, has unexpectedly come under pressure due to liquidation risks faced by lending platforms. The protocol was forced to sell Bitcoin to repay debts, drawing significant market attention. According to on-chain data platform Arkham Intelligence, the official wallet of World Liberty Financial sold over 170 Bitcoins on Wednesday at an approximate price of $67,000 each, cashing out about $11 million. The funds were immediately transferred to leading lending protocol Aave to repay loans and avoid liquidation. Alongside the forced sale of assets to cover debts, WLFI tokens have also continued to experience downward pressure.

Former CFTC Chairman Chris Giancarlo described XRP as a typical example of Washington regulatory suppression, but it has survived and remains standing. He emphasized the importance of regulatory clarity and warned that traditional American banks may fall behind. Ripple has received approval under Europe's MiCA regulation, allowing banks to hold and use it under regulation. Despite the advantages in Europe, the United States remains cautious due to uncertainty.

Ethereum network activity reaches 1.1 million, hitting a new high, but history warns of risks. After the 2018 ICO peak, it dropped from 1,400 to 100; after the 2021 DeFi boom, it fell from 4,000 to 2,000. Exchange inflow volume surged to 1.3 million on February 3, setting a new high, but two days later, it dropped from 2,230 to below 2,100. CryptoQuant states it is in a high-risk zone.

Tether acquires a 12% stake in Gold.com for \$150 million, strategically expanding the distribution of its gold-backed token XAUT and bridging physical bullion with digital finance. This partnership signals a major push into the booming \$5.5 billion tokenized gold market.

CFTC Chair Selig withdraws proposal to ban sports political event contracts during the Biden administration, criticizing it as a "reckless regulatory approach before the election." Not issuing final rules, the new regulations based on the Commodity Exchange Act will promote innovation. At the same time, the September staff letter requesting litigation preparation has been withdrawn. This affects Polymarket and Kalshi, but the platforms still face legal challenges in multiple states.

Ripple executives attended the White House Cryptocurrency Regulatory Summit on February 3rd and received significant recognition. Donations exceeded $50 million in 2024, and in 2023, they gained an advantage by winning part of the SEC lawsuit. Participating in the summit is part of a long-term strategy to advocate for favorable policies. The community's focus is on strategic influence rather than price, believing that federal recognition will eventually be achieved. Ripple has become a policy influencer in the United States and can directly articulate regulatory perspectives.

The White House demands resolution of stablecoin yield disputes by the end of February, or market structure legislation will collapse. Banks estimate that in an extreme scenario, deposit outflows could reach $6.6 trillion, and Standard Chartered predicts a $500 billion outflow by 2028. The core controversy: whether exchanges can offer rewards for stablecoins. Banks advocate banning anti-volatility savings products, while Coinbase states that Congress retains the authority to grant third-party rewards. A three-way compromise: activity rewards, reserve deposits into community banks, and retail bans on institutional access.