# Сопутствующие статьи по теме Regulation

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Regulation", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Arkstream Capital: When Crypto Assets Return to 'Financial Logic' in 2025

In 2025, the crypto asset market shifted from being driven by narratives and single-chain cycles to being dominated by external financial logic. Key changes include: - **Externalized Pricing Framework**: Market dynamics are now influenced by policy/regulation, macro liquidity/risk appetite, and leverage/risk control, rather than internal crypto cycles. - **Multiple Capital Inflows**: Capital enters through ETFs (standardized allocation), stablecoins (on-chain settlement), corporate treasuries (DAT driving spot demand), and IPOs (securitizing crypto infrastructure). - **Industry Evolution**: Shift from narrative-driven to product-line-driven growth, with stablecoin stratification, institutionalized perpetual trading, and prediction markets expanding into event contracts. - **IPO Resurgence**: 9 crypto-related companies completed IPOs in 2025, raising ~$7.74B, with valuations from $1.8B to $23B. Key 2026 candidates include Anchorage Digital, OKX, Kraken, and Tether. - **Observable Metrics**: Stablecoin supply grew to ~$300B+, IBIT saw $25.4B net inflows, DAT adoption reached hundreds of firms, and on-chain perpetuals hit ~$1.08T in monthly volume. The market is now more integrated with traditional finance, with cycles aligning closer to macro risk assets. IPO activity provides public market valuation anchors, enhancing capital efficiency and exit mechanisms. Key sectors like stablecoins, derivatives, and prediction markets are maturing, emphasizing sustainability over speculation. The outlook for 2026 depends on institutional continuity, capital sustainability, and risk management resilience.

marsbit01/02 09:08

Arkstream Capital: When Crypto Assets Return to 'Financial Logic' in 2025

marsbit01/02 09:08

RWA Weekly: Digital Yuan Wallets Implement Interest on Balances, Ondo's Tokenized Silver Product Surges Over 155% in Market Cap in 30 Days

RWA Weekly: Digital Yuan Wallets to Earn Interest, Ondo's Tokenized Silver Surges Over 155% This weekly report covers December 27, 2025, to January 2, 2026. The on-chain RWA market cap grew steadily to $19.21 billion, with holders nearing 600,000, though growth suggests potential demand constraints. Stablecoin market cap slightly declined to $2.97 trillion, but monthly transfer volume surged 13.77%, indicating an "efficiency-driven" phase. RWA protocol TVL has surpassed DEXes to become the fifth-largest DeFi category. In China, the PBOC announced plans to enhance the digital yuan management system, with six major state-owned banks introducing interest payments (0.05% annual rate) on balances in verified digital yuan wallets starting January 1, 2026, advancing its function toward M1. Cross-border adoption accelerated, with Bank of China completing the first QR code payment between China and Laos. Globally, the US FASB plans to study whether stablecoins can be classified as cash equivalents in 2026. India's central bank urged prioritizing CBDCs over private stablecoins due to financial stability concerns. Notable project developments include BlackRock's tokenized money market fund BUIDL distributing over $100 million in dividends, and Ondo's tokenized silver product (SLVon) surging over 155% in market cap to nearly $18 million. Commodity tokenization expanded with platforms like MSX listing copper, uranium, and oil tokens. The report highlights growing interest in tokenized commodities amid rising gold and silver prices, and discusses stablecoins' evolution toward programmable money and AI-driven "agent finance," emphasizing transparency and global reach as key advantages over traditional finance.

marsbit01/02 05:05

RWA Weekly: Digital Yuan Wallets Implement Interest on Balances, Ondo's Tokenized Silver Product Surges Over 155% in Market Cap in 30 Days

marsbit01/02 05:05

2026 US Crypto Policy: Keep an Eye on These Six Key Milestones

The year 2026 is poised to be a pivotal period for US cryptocurrency policy, marked by six key dates. The policy revolution initiated under President Trump's second term is expected to continue, with major legislative and regulatory actions scheduled throughout the year. In January, the Senate is anticipated to hold hearings on the market structure bill, aiming to resolve the regulatory turf war between the SEC and CFTC. Additionally, SEC Chair Paul Atkins is expected to introduce an "innovation exemption" for new technologies. On May 15, the term of Federal Reserve Chair Jerome Powell ends. President Trump is likely to appoint a more dovish successor, whose monetary policy decisions could significantly impact crypto markets and inflation. A new crypto licensing law, the Digital Financial Assets Law, takes effect in California on July 1, potentially setting a precedent for other states. By July 18 deadline, federal and state regulators must issue supplementary rules for the recently passed stablecoin legislation (the Genius Act), covering areas like licensing and anti-money laundering. This process is already facing contention from banks and industry groups. By the end of August, two key developments are expected: the potential passage of crypto tax legislation (the Parity Act) addressing staking and small transactions, and the finalization of CFTC rules on blockchain technology applications in capital markets. The November 3 midterm elections represent the most significant variable. The current pro-industry "golden age" in Washington, facilitated by a Republican-controlled Congress, could end if Democrats regain control of either chamber, drastically reducing the likelihood of future crypto-friendly legislation. The passage of any pending bills too close to this date carries a high risk of stalling.

比推01/02 04:52

2026 US Crypto Policy: Keep an Eye on These Six Key Milestones

比推01/02 04:52

6 Key Dates for US Crypto Policy in 2026

Summary of Key US Crypto Policy Dates in 2026: 2026 is poised to be another significant year for US cryptocurrency policy. Key dates include: - **January**: The Senate is expected to hold hearings on the stalled crypto market structure bill (the "Clarity Act"), aiming to resolve the jurisdictional battle between the SEC and CFTC. Additionally, SEC Chair Paul Atkins is expected to unveil an "innovation exemption" for new technologies. - **May 15**: The term of Federal Reserve Chair Jerome Powell ends. President Trump, who has criticized Powell, is likely to appoint a more dovish successor, a move that could impact crypto markets and inflation. - **July 1**: California's Digital Financial Assets Law takes effect, requiring businesses engaging in digital asset activities with state residents to be licensed by the state’s financial regulator. - **July 18**: Regulators face a deadline to publish supplementary rules for the recently passed stablecoin legislation (the "Genius Act"), covering areas like licensing and anti-money laundering. This process is already contentious, with banks and crypto lobbyists clashing over certain provisions. - **August**: Two major developments are anticipated: the potential passage of crypto tax legislation (e.g., the "Parity Act" for de minimis exemptions) and the finalization of CFTC rules on blockchain technology applications in capital markets. - **November 3**: The US midterm elections could drastically alter the crypto policy landscape. The industry's recent successes relied on a Republican-controlled Congress; if Democrats regain control, the passage of pro-industry legislation would become far more difficult. The implementation of new laws and the political climate will be crucial in determining if the US remains a hub for crypto innovation.

marsbit01/02 04:25

6 Key Dates for US Crypto Policy in 2026

marsbit01/02 04:25

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