# Regulation Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Regulation", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Legendary Investor: 'Absolutely No Way' for Walsh to Cut Rates, AI Bull Market Could Last 1-2 More Years

Billionaire hedge fund manager Paul Tudor Jones says incoming Fed Chair Wash is highly unlikely to cut rates and could even consider raising them, citing FOMC pushback and persistent inflation. He remains bullish on the AI-driven stock market rally, comparing it to historical tech revolutions like Microsoft's founding (1981) and the commercialization of the internet (1995). Jones believes this AI bull market is only about 50-60% complete and could continue for another 1-2 years, though he warns the current period resembles the late stages of the 1999 dot-com bubble, setting the stage for a potential sharp correction if valuations become extreme. He also cautions that AI requires eventual government regulation to mitigate long-term risks.

marsbit05/08 15:44

Legendary Investor: 'Absolutely No Way' for Walsh to Cut Rates, AI Bull Market Could Last 1-2 More Years

marsbit05/08 15:44

Eight-Year Industry Retrospective: The Crypto Revolution Has Already Occurred, Just Not as Envisioned

Eight Years in Crypto: A Different Revolution Unfolds After eight years across four crypto companies, my initial vision of decentralized apps and currencies replacing traditional systems largely failed to materialize. Instead, the industry has forged a distinct, perhaps more significant, path centered on rebuilding the global financial system from the ground up. My journey began in the 2017 ICO frenzy, a bubble reminiscent of the dot-com era, where fundraising outpaced usable technology. The subsequent crash led to a quiet rebuilding phase focused on financial primitives. From the ashes emerged stablecoins and DeFi, which gained explosive traction during the 2020 pandemic and the "DeFi Summer" of yield farming and speculative games. This was followed by the 2021 NFT mania, another cycle of exuberance. The 2022 crash was crypto's "Lehman Moment," triggered by the collapse of Terra's UST, hedge funds like Three Arrows Capital, and ultimately FTX, which misused customer funds. The aftermath saw aggressive U.S. regulatory actions under the SEC, which paradoxically fueled the rise of "legal-safe" memecoins, turning parts of the ecosystem into a massive casino by 2024-2025. A pivotal shift occurred with the 2024 U.S. election. A perceived pro-crypto administration led to key legislation like the GENIUS Act, clear stablecoin rules, and institutional adoption. Stablecoins, now a strategic U.S. priority, process trillions in transaction volume, and asset tokenization is gaining Wall Street traction. Today's reality isn't the cypherpunk dream of replacing fiat but a pragmatic revolution: upgrading the dollar system for the internet age and creating a globally accessible, 24/7 financial infrastructure. The next convergence is with AI, where crypto wallets and stablecoins will enable autonomous AI agents to transact in the global economy. The industry's future lies not in颠覆ing traditional finance but in integrating with it, replacing outdated backend systems with blockchain while maintaining familiar frontends. The goal is a seamless, borderless financial system. While my predictions may prove as flawed as my 2017 article, I remain committed to building within this ongoing transformation.

marsbit05/08 15:27

Eight-Year Industry Retrospective: The Crypto Revolution Has Already Occurred, Just Not as Envisioned

marsbit05/08 15:27

Why Coinbase Will Be the Biggest Winner in the AI Financial Era?

Coinbase is poised to be a major winner in the AI finance era, transforming from a cyclical crypto exchange into a foundational layer for AI-native finance. The market undervalues its exposure to two key secular trends: the rise of stablecoins and the emergence of agentic commerce. Firstly, with the global stablecoin supply projected to reach $3 trillion by 2030, Coinbase benefits as the dominant, most compliant distributor of USDC. Its revenue-sharing agreement with Circle is structurally advantageous and durable, positioning Coinbase to capture significant value from stablecoin growth independent of crypto trading volumes. Secondly, in agentic commerce—where AI agents autonomously transact—Coinbase's technology stack is already dominant. Over 92% of real agent payments occur on its Base network, settled primarily in USDC via the x402 protocol it helped develop. This stack creates a powerful, self-reinforcing ecosystem across four layers: USDC for settlement, Base for execution, developer tools (CDP/AgentKit), and service discovery (Agentic.Market). Key revenue streams include USDC reserve interest, Base sequencer fees, and platform fees from its infrastructure and marketplace. By 2030, agent-related revenue could contribute billions annually. Supported by favorable regulatory tailwinds like the CLARITY Act, Coinbase's valuation should reflect its role as critical financial infrastructure, not just a brokerage, with a clear path to becoming a $300 billion company.

链捕手05/08 14:51

Why Coinbase Will Be the Biggest Winner in the AI Financial Era?

链捕手05/08 14:51

WLFI Responds to Rumors of 'Trump Family Exit': Bank License Approval Has Entered Final Stage

Amidst rumors that the Trump family had quietly exited World Liberty Financial (WLFI), Donald Trump Jr. and co-founder Zach Witkoff addressed the claims at the Miami Consensus conference. Trump Jr. dismissed the rumors as originating from the removal of the Trump family's names from the company's website and subsequent amplification by social media bots. Both affirmed that Don Jr. and Eric Trump remain co-founders. The conversation also covered WLFI's ongoing legal battle with Tron founder Justin Sun. After Sun sued WLFI last month alleging managerial misconduct, WLFI filed a countersuit, accusing Sun of spreading false information and shorting the WLFI token. Witkoff stated the lawsuit was a "last resort" and filed with evidence. Significantly, Witkoff revealed that WLFI's application for a national trust bank charter from the OCC is in the "final stages" of securing conditional approval. This charter is crucial for the company's USD1 stablecoin operations but has drawn criticism from Democratic lawmakers like Senator Elizabeth Warren, who has labeled the application potential evidence of corruption.

marsbit05/08 14:50

WLFI Responds to Rumors of 'Trump Family Exit': Bank License Approval Has Entered Final Stage

marsbit05/08 14:50

South Korea's Crypto Tax Countdown Begins: Escalating Three-Way Game Between CEXs, Retail Investors, and Regulators

South Korea's National Tax Service has initiated final preparations to implement a virtual asset tax starting January 2027, with reporting for comprehensive income tax due by May 2028. The tax applies a 22% rate on annual profits exceeding 2.5 million KRW from transfers and leasing, affecting an estimated 13.26 million people. To enforce this, authorities plan to collect data from major domestic exchanges like Upbit and Bithumb and launch a comprehensive virtual asset analysis system. This move follows two previous postponements and signifies a shift towards institutionalized management. The plan also involves international data sharing under the OECD's CARF framework from next year to curb capital flight. However, tensions exist between regulators and exchanges over data sharing and new anti-money laundering rules. The industry, represented by DAXA, opposes proposed regulations requiring the reporting of all cross-border transfers over $6,800 as suspicious, arguing it renders AI risk systems useless and creates an impractical administrative burden. Given Korea's market—comprising 30% of global volume with 85% in altcoins and dominated by retail speculation—the tax could reduce short-term speculative trading and stabilize the domestic market by limiting capital outflows. Its implementation may also influence global crypto regulatory and taxation models, serving as a significant case study for other jurisdictions.

marsbit05/08 14:32

South Korea's Crypto Tax Countdown Begins: Escalating Three-Way Game Between CEXs, Retail Investors, and Regulators

marsbit05/08 14:32

CoinShares Survey: Institutional Investors Managing $1.3 Trillion Are Increasing Their BTC Holdings

CoinShares' latest quarterly survey reveals a cautious yet growing institutional interest in cryptocurrencies. Among 26 surveyed investors managing a combined $1.3 trillion in assets, 32% now hold Bitcoin (BTC) and 25% hold Ethereum (ETH), though digital assets typically comprise only about 1% of their portfolios. The report identifies Bitcoin as having the strongest growth prospects, followed by ETH and Solana (SOL). This sentiment is reflected in sustained capital inflows. Digital asset investment products have seen four consecutive weeks of net inflows, totaling $3.9 billion in that period. U.S. spot Bitcoin ETFs alone attracted nearly $1 billion in net inflows in early May, coinciding with BTC's price rising above $80,000. Key drivers for this adoption include improved regulatory clarity and the availability of regulated ETF products, which simplify exposure. However, internal compliance restrictions and regulatory uncertainty remain the primary obstacles to larger-scale investment. A trend noted is capital shifting from older altcoins towards newer DeFi protocols and emerging blockchain sectors.

marsbit05/08 14:14

CoinShares Survey: Institutional Investors Managing $1.3 Trillion Are Increasing Their BTC Holdings

marsbit05/08 14:14

Hyperliquid Outperformed Bitcoin By 71% In The Worst Crypto Quarter Since 2018 — Report Reveals Why

In Q1 2026, the worst crypto quarter since 2018, decentralized exchange Hyperliquid outperformed Bitcoin by 71.5 percentage points, generating $215M in gross revenue. While overall market metrics declined, a key structural shift occurred: volume from its HIP-3 feature for real-world asset (RWA) perpetual derivatives surged 175% within the quarter, reaching $68.5B in March. A pivotal moment came on February 28 when, following geopolitical strikes, Hyperliquid's 24/7 oil perpetuals became the de facto global price discovery venue while traditional commodity exchanges were closed. The quarter also saw the landmark licensing of the S&P 500 for perpetual contracts on the platform. Despite excluding U.S. users, Hyperliquid's HYPE token returned +44.8%, supported by substantial buybacks, while the core team voluntarily left approximately $849M in unclaimed tokens. The report concludes Hyperliquid is transitioning from a DeFi narrative to a broader financial infrastructure story.

bitcoinist05/08 14:06

Hyperliquid Outperformed Bitcoin By 71% In The Worst Crypto Quarter Since 2018 — Report Reveals Why

bitcoinist05/08 14:06

Banking's Breaking Point: Structural Reshaping of Global Bitcoin Adoption from Michael Saylor's Prophecy

Banking's Breaking Point: Structural Reshaping of Global Bitcoin Adoption Through Michael Saylor's Lens In a recent statement, MicroStrategy founder Michael Saylor predicted a wave of imminent adoption announcements regarding Bitcoin from major traditional banks. This forecast is seen as a recognition of the deep, structural shifts occurring within global financial plumbing, rather than mere market hype. The long-standing barriers between crypto and traditional finance are rapidly eroding, propelled initially by the approval of US spot Bitcoin ETFs, which unleashed hundreds of billions in institutional capital. This movement is now spreading globally from North America to Europe, the Middle East, and Asia. In the US, the catalyst is an "assets under management" anxiety. Giants like BlackRock and Fidelity, via their ETFs, have made crypto accessible to traditional brokerage accounts, forcing major banks to build behind-the-scenes infrastructure—as authorized participants, prime brokers, and OTC liquidity providers—or risk losing high-net-worth clients and AUM. Europe's adoption, driven by the clarity of the Markets in Crypto-Assets (MiCA) regulation, focuses on compliance and infrastructure building. Banks like Standard Chartered (with Zodia Custody), BNP Paribas, and Societe Generale are moving into custody, trading, and tokenization, aiming to leverage their established trust and settlement networks for the coming tokenized era. In the Middle East, adoption carries geopolitical and strategic hedging motives. Sovereign wealth funds and local banks in jurisdictions like the UAE are building integrated ecosystems, using Bitcoin as "digital gold" to diversify away from traditional dollar-centric systems amid de-globalization trends. Asia is undergoing a top-down institutional overhaul. Hong Kong approved the region's first spot crypto ETFs, with banks like ZA Bank facilitating fiat rails. Singapore's DBS Bank runs a digital exchange attracting institutional funds, while Japanese giants like SBI Holdings expand through mergers, responding to high retail crypto penetration. Saylor's prediction reflects an irreversible, structural convergence. Global banking's embrace of Bitcoin is being driven by a combination of competitive pressure in the US, regulatory clarity in Europe, sovereign strategy in the Middle East, and institutionalization in Asia, painting a clear picture of widespread, imminent adoption.

marsbit05/08 12:53

Banking's Breaking Point: Structural Reshaping of Global Bitcoin Adoption from Michael Saylor's Prophecy

marsbit05/08 12:53

Voters Want Crypto Legislation Now: 70% Say America Should Already Have Clear Rules– Poll

A new national poll by HarrisX shows strong, bipartisan voter support for clear federal cryptocurrency legislation. The survey of 2,008 registered voters found that 70% believe the U.S. should already have passed clear crypto rules. A majority (62%) also say it's important for the U.S. to set global digital finance standards. Key findings indicate a preference for immediate action over waiting for perfection: 60% prefer clear federal legislation even if imperfect, and 57% support passing legislation now to improve later. Furthermore, 56% believe the U.S. should regulate the crypto market despite potential risks. Support for the general concept of regulation is high, though awareness of the specific CLARITY Act is low, with 64% unfamiliar with it. Support is bipartisan, with net backing from 48% of Republicans, 43% of Democrats, and 32% of independents. The poll also suggests political benefit, as many voters are more likely to support a senator who backs such crypto legislation.

bitcoinist05/08 10:18

Voters Want Crypto Legislation Now: 70% Say America Should Already Have Clear Rules– Poll

bitcoinist05/08 10:18

Crypto Allies Gain Ground In Congress After Indiana Primary Win

The crypto industry's main political action committee, Fairshake, spent heavily to support the successful primary re-election of Indiana Republican Representative James Baird, a reliable ally on crypto legislation. Fairshake, backed by major firms like Coinbase and Ripple, has a massive war chest and is already directing millions toward other 2026 races. Baird's win coincides with advancing crypto bills in Congress, including the CLARITY Act, which recently overcame a key hurdle on stablecoin yield provisions. However, the legislation faces scrutiny, with some senators demanding added ethics rules before offering their support.

bitcoinist05/08 08:37

Crypto Allies Gain Ground In Congress After Indiana Primary Win