Coinbase is pressuring lawmakers to preserve its ability to pay users rewards for holding stablecoins, as Congress prepares to move forward on a sweeping crypto bill. The Senate is set to mark up the U.S. crypto market-structure bill this week, but language targeting yield-bearing stablecoin accounts has emerged as a sticking point. If the bill goes beyond disclosure requirements and restricts non-bank firms like the Nasdaq-listed crypto exchange Coinbase from offering rewards, the company may pull its ...

查看最新行情 文章来源：智通财经 Coinbase（COIN.US）正持续向美国议员施压，力图保留其向稳定币持仓用户发放奖励的权限——该公 司担忧，若当前审议的几项限制性条款被纳入定于周一公布的重要加密货币法案，这项业务将面临严重 威胁。 据知情人士透露，若这家美国最大加密交易所认定，定于周四在参议院至少一个委员会进入修订审议阶 段的《数字资产市场结构法案》，在奖励相关条款中包含超出强化披露要求的任何内容，该交易所将可 能重新评估是否继续支持该法案。 据了解，Coinbase 把用户留在平台上的美元稳定币（USDC）拿去生息，再把一部分利息以"奖励"名义 分给用户。对此，银行担心这等于"高息揽储"，却不受存款准备金、FDIC 保险等约束；Coinbase 则坚 称这只是"营销奖励"，不是"存款利息"。法案如果把它定义为"存款"或禁止第三方发息，Coinbase 的这 块稳定币利息收入就会被一刀砍掉。 Coinbase 对此未回应置评请求。 据业内人士透露，当前酝酿中的监管方案拟将奖励发放权限严格限定于受监管金融机构。对此，银行业 部分人士表示支持，认为具备利息收益的稳定币账户可能分流传统银行存款规模。 值得注 ...

Group 1 - Two companies backed by Adam Back are planning to merge to enhance their bitcoin treasury management capabilities [1] - H100 Group, a Swedish health-technology company, has signed a letter of intent to acquire Future Holdings AG, a Zurich-based bitcoin treasury company [2] - Future Holdings AG raised $35 million in November to develop a bitcoin strategy aimed at bridging traditional finance and global capital markets [2] - The acquisition would help H100 establish a presence in Switzerland, a strategic market known for its strong currency and sophisticated investor base [3] Group 2 - H100 operates as a publicly listed bitcoin treasury and capital markets company, focusing on balance sheet optimization and institutional exposure to Bitcoin [4] - H100's shares increased by 0.6% to 2.33 kronor (25 cents), resulting in a year-to-date gain of 23% [4]

Group 1 - Coinbase is threatening to withdraw support for major crypto legislation if restrictions on stablecoin rewards are included, escalating tensions ahead of a critical markup scheduled for January 15 [1] - The largest US crypto exchange may reconsider backing the digital-asset market structure bill if the final text prevents platforms from offering incentives to customers holding stablecoins [1][2] - The threat comes as lawmakers race to finalize legislation that has already missed multiple deadlines throughout 2025, with Senate Banking Committee Chair Tim Scott setting a firm deadline for this week's markup [2] Group 2 - Traditional banking groups are lobbying to expand restrictions beyond the GENIUS Act, which currently bars stablecoin issuers from paying direct interest but allows third-party platforms to offer rewards [3] - One option under consideration would limit rewards to regulated financial institutions, a move supported by banking interests who argue that yield-bearing stablecoin accounts could drain deposits from community banks [3][4] - The American Bankers Association warned that if billions are displaced from community bank lending, small businesses and other borrowers will suffer, emphasizing that crypto exchanges cannot replicate FDIC-insured products [4] Group 3 - Crypto-native firms are pushing to preserve platform-based incentives as a viable model, warning that broader restrictions could eliminate competition in the sector [5] - For Coinbase, stablecoin rewards represent a significant revenue stream, with interest income generated from reserves backing Circle's USDC stablecoin providing steady revenue, especially during bear markets [6] - Coinbase owns a small stake in Circle, the largest stablecoin issuer in compliance with US law, highlighting the importance of these rewards for the company's financial health [6]

LOS ANGELES, Jan. 12, 2026 /PRNewswire/ -- AIxCrypto Inc. (NASDAQ: AIXC) announced the official launch of AIxC Hub, its core ecosystem engagement platform, and released initial operational metrics from its inaugural competitive season, S1 Arena. Since its launch on January 7, the platform, serving as the primary user gateway to the AIxC ecosystem, has attracted over 200,000 registered wallet addresses (participants), reflecting strong early user adoption. AIxC Hub: Ecosystem Engagement and Education Platfo ...

吴说获悉，H100 Group AB 宣布与 Future Holdings AG 股东签署非约束性意向书，拟 100% 收购该瑞士 比特币储备公司；拟议购买价为 37.5 万瑞士法郎加交易完成时现金余额（预计总约 60 万瑞士法郎）， 以发行新股结算；交易需完成尽职调查、签署最终文件并获必要批准，双方预计 2026 年 1 月同时签署 并完成。 来源：市场资讯 （来源：吴说） ...

据知情人士透露，若这家美国最大加密交易所认定，定于周四在参议院至少一个委员会进入修订审议阶 段的《数字资产市场结构法案》，在奖励相关条款中包含超出强化披露要求的任何内容，该交易所将可 能重新评估是否继续支持该法案。 据了解，Coinbase 把用户留在平台上的美元稳定币(USDC)拿去生息，再把一部分利息以"奖励"名义分 给用户。对此，银行担心这等于"高息揽储"，却不受存款准备金、FDIC 保险等约束;Coinbase 则坚称这 只是"营销奖励"，不是"存款利息"。法案如果把它定义为"存款"或禁止第三方发息，Coinbase 的这块稳 定币利息收入就会被一刀砍掉。 智通财经APP获悉，Coinbase(COIN.US)正持续向美国议员施压，力图保留其向稳定币持仓用户发放奖 励的权限——该公司担忧，若当前审议的几项限制性条款被纳入定于周一公布的重要加密货币法案，这 项业务将面临严重威胁。 尽管白宫希望法案快速落地，稳定币奖励争议却侵蚀了市场结构法案的两党支持度。Coinbase 警告可能 撤回流票，凸显紧张局势升级，或导致法案审议拖延——甚至令立法今年彻底泡汤。彭博情报分析师 Nathan Dean 表示，由于 ...

Core Insights - The global market value of stablecoins surpassed $300 billion by the end of 2025, with applications expanding in cross-border payments, digital asset trading, and emerging markets [2] - The launch of Libra by Facebook in 2019 aimed to create a borderless financial system, but it quickly became a focal point of global financial governance debates [2][3] - Despite Libra's failure, the stablecoin market has experienced rapid growth, raising questions about the role of tech giants in financial infrastructure and the balance between efficiency and risk in financial innovation [2] Group 1: Libra's Development and Challenges - Libra was introduced as a digital currency by Facebook, aiming to facilitate easy global transactions for its 2.4 billion users, addressing the needs of billions without basic banking services [3][4] - The Libra Association was established in Switzerland with initial backing from 28 partners, including major companies like Visa and Mastercard, but faced regulatory scrutiny leading to several withdrawals [4][5] - Regulatory concerns included potential threats to national monetary sovereignty and financial stability, prompting swift reactions from global regulators [4][9] Group 2: Regulatory Response and Market Impact - The European Union and G7 quickly recognized the risks posed by Libra, leading to the establishment of regulatory frameworks to address challenges associated with global stablecoins [9][10] - The Libra project faced significant hurdles, including concerns over privacy, compliance, and the potential for systemic financial risks, which ultimately contributed to its downfall [10][12] - The project was rebranded as Diem in an attempt to distance itself from Facebook's negative reputation, but it ultimately sold its assets to Silvergate Bank for $182 million in early 2022 [5][12] Group 3: Post-Libra Developments - The failure of Libra has accelerated the exploration of Central Bank Digital Currencies (CBDCs), with over 130 countries researching CBDCs by 2023, covering approximately 98% of global GDP [15][16] - Major economies like the European Union and China are actively developing their own digital currencies, emphasizing the importance of state control over monetary systems [16][17] - The competition between state-backed digital currencies and private stablecoins is expected to shape the future of the financial landscape, with a focus on balancing innovation and regulatory compliance [17][18]

Core Viewpoint - XRP is predicted to reach at least $3 by 2026, with the current price around $2.15, indicating a potentially tedious journey ahead for holders [1] Group 1: Price Drivers - XRP previously reached an all-time high of $3.65 in 2025, making a return to $3 or higher plausible [3] - The development of a real developer ecosystem for decentralized applications (dApps) on the XRP Ledger's Ethereum Virtual Machine (EVM) sidechain is crucial for price movement [3] - As of January 8, less than $50,000 in total value locked (TVL) was on the EVM sidechain, indicating low current usage [4] Group 2: Institutional Engagement - Ripple's strategy to attract institutional investors is a key driver, as it positions itself as a bank-like entity [5] - Ripple is pursuing a U.S. national bank charter and a Federal Reserve master account, which could enhance its appeal to banks and currency exchange houses [6] - The expectation is for minor price increases from announcements of new pilot programs with financial institutions, rather than significant jumps [6] Group 3: Long-term Outlook - Consistent traction in the market is expected to be more impactful than major catalysts in 2026 [7]

Core Insights - Bitcoin is currently trading at approximately $90,580, which is below the estimated miner production costs of around $101,000 per BTC, indicating a potential short-term rebound as macroeconomic policies evolve in the US [2][3]. Group 1: Bitcoin Price Dynamics - On-chain analyst Willy Woo suggests that investor flows into Bitcoin have been strengthening since December 24, 2025, despite a cautious outlook for 2026 due to declining liquidity [1]. - Historical trends indicate that trading below miner costs does not typically lead to panic selling; instead, miners tend to slow production, creating a temporary floor for prices [3]. Group 2: Macroeconomic Influences - President Donald Trump's proposal to cap credit card interest rates at 10% could ease financial burdens for many Americans, potentially driving consumers towards Bitcoin and decentralized finance (DeFi) as traditional credit access becomes restricted for those with lower credit scores [5]. - Analysts warn that this shift may lead to increased adoption of alternative financial systems, including Bitcoin, as consumers seek options outside traditional banking [5]. Group 3: Market Behavior and Investor Sentiment - The actual spot inflows into Bitcoin, rather than market narratives or correlations with equity markets, are identified as key drivers for Bitcoin's price recovery [4]. - The potential macro catalyst of Trump's credit cap may intersect with the technical and flow-driven aspects of Bitcoin's market dynamics, suggesting a cautiously bullish sentiment in the near term [4].