House Financial Services Committee ranking member Maxine Waters has introduced a new proposal for stablecoin regulation, adding to ongoing legislative efforts from both Democrats and Republicans. The draft legislation, obtained by Punchbowl News, outlines federal oversight of stablecoins and sets requirements for issuers.

South Korean lawmaker Kim Nam-kuk has been acquitted of charges related to concealing cryptocurrency holdings and obstructing public duty. The Southern Seoul District Court ruled that Kim was not legally required to disclose his virtual assets at the time of the alleged offense.

Global cryptocurrency investment products saw a surge in net inflows, reaching $1.3 billion last weeknearly doubling the $747.4 million from the previous week. This marks the fifth consecutive week of inflows, bringing the year-to-date total to $7.3 billion, according to CoinShares.

Japans Financial Services Agency (FSA) is exploring a major regulatory shift that could classify cryptocurrencies as securities, potentially imposing stricter disclosure requirements on businesses dealing with digital assets. This move aims to enhance investor protection and bring crypto regulations in line with traditional financial markets.

The cryptocurrency market is bracing for potential volatility this week as investors focus on key economic data releases and Federal Reserve updates. Fed Chair Jerome Powells testimony and the U.S. Consumer Price Index (CPI) report are expected to influence market sentiment.

The U.S. Securities and Exchange Commissions (SEC) newly formed Crypto Task Force is expected to bring much-needed regulatory clarity, making it easier for institutional investors to enter the digital asset market, according to a research note from investment bank Piper Sandler. SEC Commissioner Hester Peirce, who leads the task force, outlined ten key priorities, signaling a shift toward clearer crypto regulations.

A search of the apartment in the Spanish town of Estepona where the broker was held by the kidnappers uncovered two firearms, knives, drugs and over $10,000 in cash.

Cathie Wood, the founder of asset management firm Ark Invest, rallied around Elon Musk's idea of putting all U.S. government spending on blockchains for better transparency on Sunday. What happened: Wood wrote, "Transparency, Efficiency, Security: Win, Win, Win," while reacting to the radical plan first backed by Musk, who is in charge of the Department of Government Efficiency, and later by Coinbase CEO Brian Armstrong.

Smart Wallets on Solana are generating massive profits by specializing in specific crypto narratives. One wallet excels in trading newly launched tokens, turning over $4.8 million in profit from TRUMP alone.

Ranking member of the U.S. House Financial Services Committee Maxine Waters has released proposed stablecoin legislation she and her colleague Patrick McHenry drafted during the previous session of Congress. She unveiled the bill on Feb. 10, the day before the Financial Services Subcommittee on Digital Asset, Financial Technology, and Artificial Intelligence is scheduled to meet.

South Korea may fall behind as other countries launch crypto ETF. Experts say crypto ETFs can bring more investors and help the economy.

Pump.fun co-founder Alon Cohen dismissed reports that the Solana-based memecoin launchpad is preparing to issue its own native token, refuting claims made by crypto journalist Colin Wu. Wu reported that Pump.fun was working on a token and planned to distribute it via a Dutch auction system in collaboration with multiple centralized exchanges.

Welcome to Latam Insights Encore, a deep dive into Latin America's most relevant economic and cryptocurrency news from the past week. This edition examines how the Brazilian government is divided regarding crypto, and how this might affect the growth of its crypto economy.

DeFAI, Real-World Assets (RWA), and World Liberty Financial are three of the most relevant crypto narratives for this week. The DeFAI sector, which integrates AI agents into decentralized finance, saw heavy corrections in recent weeks but is now showing signs of recovery.

Wall Street's biggest banks are wasting no time. They've smelled opportunity, and it reeks of Bitcoin.

Crypto exchange, Gate.io has signed a multi-year partnership with Oracle Red Bull Racing, with the collaboration aiming to accelerate crypto adoption. Gate.io Partners with Red Bull Racing for Increased Crypto Visibility in Formula 1 Gate.io, a global crypto exchange has announced an exclusive partnership with Oracle Red Bull Racing, the eight-time championship-winning Formula 1 team.

Brian Armstrong and Tyler Winklevoss welcomed the CFPB's operational pause, with Armstrong labeling the agency as an "activist organization."

In an interview with Wired's Andy Greenberg, Tigran Gambaryan detailed his protracted legal issue in the hands of the Nigerian government.

KuCoin reported its 2024 annual review, driving new user growth to more than 38 million.

Proton, the team behind Proton Mail, has taken another step into the financial world by launching Proton Wallet beyond its early access phase. This self-custodial bitcoin wallet empowers users to control their BTC, secure their funds with cutting-edge encryption, and transact peer-to-peer using the Bitcoin via Email feature, streamlining what was once a complex process.

US House Financial Services Committee ranking member Maxine Waters suggested lawmakers look to bipartisan stablecoin legislation drafted in the 118th session of Congress.

Both House Republicans and Democrats have presented plans to regulate U.S. stablecoins, a sector evidently prioritized by lawmakers under President Trump.

In anticipation of a congressional hearing Tuesday (Feb. 11) on regulating digital assets, Rep. Maxine Waters of California introduced a bill that would establish a comprehensive regulatory framework for payment stablecoins, digital assets pegged to a stable value, like the U.S. dollar.

The leading Supreme Court lawyer was rearrested Monday after federal prosecutors told a judge he represented a "serious risk of flight" from his criminal tax evasion case after failing to disclose the existence of two cryptocurrency wallets through which he receive more than $8 million.

In a recent interview, Binance co-founder Yi He addressed concerns about the exchange's token listing process. The exchange has used similar KPI guidelines for several years, but the market is changing at a breakneck pace.

From market dominance to social media hype, here's what you need to keep an eye out for.

The “buy now, pay later” company is backed by venture capital firm, Sequoia Capital, which has a 22% stake.

Nineteen U.S. states are weighing bills to put public money into digital assets, some of them similar to the federal pursuit of a Strategic Bitcoin Reserve.

KuCoin experienced growth across several areas, including global user base, spot trades, futures market, compliance, and token listings.

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Pump.fun co-founder Alon Cohen is denying reports that the Solana (SOL)-based memecoin launchpad will issue its own native token. Crypto reporter Colin Wu earlier said that Pump.fun is working on launching its own token and plans to use the Dutch auction system in the public offerings.

Deutsche Digital Assets has announced plans to open a Paris office as part of its European growth strategy. The move follows its recent ETP listings on Euronext Paris and Börse Stuttgart, reinforcing its presence in regulated crypto markets and meeting growing investor demand in France. The post Deutsche Digital Assets Expands European Presence with New Paris Office appeared first on Cryptonews.

FDIC Acting Chairman Travis Hill said the agency is overhauling its crypto approach, just as U.S. senators examine regulators keeping banks out of crypto.

Acting CFTC Chair Caroline Pham announced on Feb. 4 that the commission would essentially end its practice of regulation by enforcement.

Top Democrat Rep. Waters released a discussion draft on Monday to regulate stablecoins, according to a copy obtained by Punchbowl News.

A memecoin launched on the BNB Chain put up massive gains after top global crypto exchange Binance rolled out support for it.

Social media giant cuts jobs amid AI-focused restructuring.

Top cryptocurrencies show signs of price stagnation due to long positions and liquidation zones.

Cryptocurrency community faces growing physical security threats as Spanish trader breaks ankles escaping abductors, following recent Ledger co-founder kidnapping.

Tuttle Capital Management CEO and CIO Matthew Tuttle discusses the Rareview 2X Bull Cryptocurrency & Precious Metals ETF (ticker: BEGS) and says we're entering the golden age of crypto. He speaks with Scarlet Fu and Eric Balchunas on "ETF IQ.

Alon Cohen denied reports of a PUMP token launch, urging users to ignore rumors and wait for official team announcements.

A South Korea judge acquitted an elected official of all charges for not disclosing the full extent of his $6.8 million crypto holdings.

Japan's FSA considers changing its crypto regulations.

On this episode of Markets Daily, host Jennifer Sanasie breaks down the wild swings in the memecoin market. Pump.fun token launches have plunged 50%, but at the same time, TST, JAILSTOOL, and CAR have skyrocketed.

Base sends sequencer fees to Coinbase, citing security and audit needs. Critics question transparency and Ethereum alignment.

Rumors recently circulated on X that Pump.fun, the leading Solana-based memecoin launchpad, was gearing toward a Dutch auction.

TL;DR Cycle Network has launched operations on the Symbiotic mainnet, enabling cross-chain transactions with its Verifiable State Aggregation (VSA) technology. The platform features a three-layer structure to ensure security and proper state verification across chains. Cycle allows transactions between more than 20 blockchains, offering capital efficiency by using a single collateral to secure all transactions.