According to Yonhap, Korea's FSS announced its 2026 plan on Feb 9: investigations into high-risk crypto manipulations (whale, containment/ramp schemes, API orders, SNS misinformation) with AI text/surge detection tools; new Digital Asset Basic Act group for phase-2 legislation support, issuance/trading disclosure/licensing manuals, and refined exchange fee management/disclosure. https://t.co/8SqY1Oapi9 ...

RT Sarah Wynn (@ForTheWynn_)Some news: The White House meeting between crypto firms and banking groups on how to approach the treatment of stablecoin returns just wrapped up.The Digital Chamber CEO @CodyCarboneDC said the meeting was "exactly the kind of progress needed to find a resolution to one of the biggest issues blocking next steps in market structure legislative progress."The treatment of stablecoin yields has become a contentious issue, especially over the last few weeks, as lawmakers work to advan ...

Legislation & Regulation - Sen Bill Hagerty sponsored the first stablecoin legislation to become a U S law [1] Key Individuals - Sen Bill Hagerty is considered one of the most influential figures [1]

Crypto Legislation Influence - Rep French Hill was a key driver of crypto legislation in the US [1] - Rep French Hill's influence on final crypto law is significant [1]

Regulatory Landscape - Senate Democrats' DeFi legislative proposal is facing criticism from committee Republicans and crypto advocates [1] Industry Reaction - The proposal is drawing fire, indicating potential challenges and debates within the crypto industry and political sphere [1]

Market Trends & Cryptocurrency Performance - Bitcoin reclaimed the $122,000 level after a pullback [1] - Ether slipped below $4,500 [1] - XRP dipped to $287 [2] - The S&P 500 and Nasdaq moved higher, driven by the AI trade [2] Regulatory Landscape & Legislative Efforts - Lawmakers aimed to get crypto market regulation to President Trump's desk by the end of 2025 [3] - A government shutdown could potentially put the goal of passing crypto regulation by the end of the year at risk [4][5] - There is an opportunity to get clarity across the line by the end of the year, despite the government shutdown [6] - The House bill is recommended as the base text for Senate legislation to expedite the process [8][10] - The Genius Act prohibits issuers from offering interest on accounts [18][20] SEC & Regulatory Oversight - The SEC is expected to take the first round of oversight and regulation of digital asset treasury companies (DATs) [25] - Congress is the backstop to the SEC and may add additional legislation if needed [26][27] - The SEC should enforce the law and hold bad actors accountable, rather than stifle innovation [27][28]

Regulatory Compliance - Stripe is preparing to apply for a national trust charter with the Office of the Comptroller of the Currency (OCC) [1] - The application is to comply with upcoming U S stablecoin legislation [1] Business Strategy - This move enables Stripe to continue issuing stablecoins for clients [1]

Regulatory Scrutiny - A key Senate Democrat is investigating the flow of funds in and out of Jeffrey Epstein's bank accounts [1] - New legislation is being drafted to compel the Treasury Department to hand over its records related to Epstein's finances [1]

Legislation & Regulation - The House passed the CLARITY Act, indicating progress in crypto legislation [1] - The Senate needs to act on the CLARITY Act to protect crypto ownership rights in the U S [1] - Public voice is critical in passing legislation related to crypto [1] Call to Action - The industry needs public support to pass critical legislation [1] - The industry encourages individuals to advocate for the right to own crypto in the U S [1]

Regulatory Landscape - Senator Cynthia Lummis describes the process of passing legislation as "a journey" [1] - Senator Lummis indicates that her team is deeply involved in policy and regulation every day [1]