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Coinbase CEO Brian Armstrong posted on the X platform responding to "why Wall Street always misunderstands or underestimates Coinbase." He stated that there is a clear trend of differentiation among traditional financial institutions regarding the crypto industry, with some leading financial institutions actively embracing crypto assets. Currently, five globally systemically important banks (GSIBs) have begun collaborating with Coinbase, while about half of large financial institutions are accelerating their involvement in crypto business and hiring related talent.As regulatory clarity gradually improves, the acceptance of the crypto industry by traditional finance continues to rise. However, at the same time, some institutions remain cautious or even resistant. These institutions have long built their career paths on the traditional financial system, and therefore are naturally skeptical of the structural disruptions brought by crypto. Similar to how the taxi industry faced Uber, the hotel industry faced Airbnb, and the aerospace industry faced SpaceX, cryptocurrencies are directly disrupting Wall Street, so it is not surprising that some people on Wall Street misunderstand cryptocurrencies/Coinbase.Additionally, Brian Armstrong revealed Coinbase's performance data, including a 156% year-over-year increase in total trading volume by 2025 and a doubling of market share, a threefold growth in the scale of assets under custody on the platform over three years, and currently 12 products with annualized revenue exceeding $100 million. Investors should focus on the company's long-term execution capabilities and business performance records, rather than solely relying on analyst model predictions. Furthermore, since GAAP net profit includes unrealized gains and losses from the company's held crypto assets, adjusted net profit better reflects the true operational status.

According to the annual report "Digital Assets Outlook 2026" recently released by Animoca Brands Research, multiple core industry trend analyses from Gate have been deeply included in the report. Gate has also become the only cryptocurrency trading platform featured with a double-page spread presenting industry insights, highlighting its influence in the evolution of crypto infrastructure and innovation in derivatives.In the Industry Voice section, Gate believes that CEX is evolving into a one-stop crypto entry point for the general public, integrating wallets, fiat channels, payments, TradFi products, and native Web3 access capabilities, becoming an important gateway for promoting crypto adoption. At the same time, with the maturation of AI-native architecture, Web3 is moving towards a new growth cycle driven by intelligent agents. In the direction of derivatives and on-chain trading architecture, Gate Perp DEX has also gained an independent section due to its product strength. Based on the Gate Layer second-layer network, the platform separates execution and settlement through a hybrid architecture, achieving sub-second matching performance while anchoring clearing and asset updates to securely audited smart contracts, balancing CEX-level trading experience with on-chain self-custody transparency.As traditional financial institutions accelerate their entry into the on-chain market, Gate and its Perp DEX are gradually building core trading infrastructure aimed at the next generation of global financial systems. By achieving high-frequency trading, AI intelligent execution, and institutional-level risk management on a scalable and verifiable basis, Gate is constructing strategically significant infrastructure for the future of next-generation digital finance.

According to Cointelegraph, major U.S. lending institution Newrez announced plans to recognize crypto assets for mortgage qualification in the U.S. starting in February, without the need to liquidate.

Digital Asset Trading Platform Gate Announces Annual AwardsThe digital asset trading platform Gate has announced its annual awards, focusing on recognizing partners and participants who have made outstanding contributions in content creation, brand communication, and community development within its global ecosystem. The awards cover KOLs, advertising partners, brokers, and core community contributors, with titles such as "Annual Content Pioneer Award" and "Annual Forward Insight Award," reflecting the platform's recognition of diverse ecological value.Through a unified annual recognition mechanism, Gate further organizes and presents its global cooperation network and ecological structure, strengthening connections between cross-regional partners and establishing a clearer value consensus for ecological collaboration. In addition, Gate invites partners each year to participate in diverse exchange and hospitality arrangements, such as attending F1 events, global travel exchanges, and international large-scale industry exhibitions, further deepening cooperative relationships.Looking back over the past year, Gate has continuously invested in expanding its cooperative ecosystem, content system, and community operations, with a global user base nearing 50 million. The activity levels of spot and derivative trading have also increased simultaneously, maintaining an overall market share among the global leaders. Gate stated that it will continue to improve cooperation and incentive mechanisms in the future, working hand in hand with ecological partners to promote the long-term healthy development of the digital asset and Web3 industries.

Gate's December transparency report shows that several core indicators continued to rise at the end of the year. Gate's global market share in the spot market remains in the top three, with a derivatives market share of about 11%, leading the industry in annual growth. Gate Launchpool, HODLer Airdrop, CandyDrop, and Launchpad launched nearly 30 projects in a single month, with a cumulative prize pool exceeding 3.5 million USD. In the same month, the number of on-chain addresses on Gate Layer surpassed 100 million. This series of data collectively outlines the steadily increasing ecological activity of Gate.At the same time, Gate continues to deepen its global compliance layout and brand influence. Gate Technology FZE, a subsidiary of Gate Group, has officially launched operations. As the official sponsor of the F1 Red Bull Racing team, Gate held a VIP viewing event during the Abu Dhabi Grand Prix, witnessing the team's victory at this event.These achievements have earned Gate multiple international awards. The platform was recognized as the "Outstanding Benchmark in the Crypto Industry" at the 2025 Entrepreneur Middle East Leadership Awards, topped BeInCrypto's list of the best spot exchanges in 2025, was awarded "Best High Liquidity Spot Exchange," and received the "Best Centralized Exchange" and "Best Brand of the Year" at the inaugural BeInCrypto 100 Awards. Gate is consolidating its core competitiveness in the global crypto asset trading market through a multi-dimensional approach in products, compliance, and branding.

Guided by the Chinese Criminal Law Research Association and the Shanghai High Court, the Shanghai Second Intermediate People's Court and the Law School of Renmin University of China jointly hosted a seminar on criminal trials, focusing on the theme of "Legal Uniformity in Cases Involving Virtual Currency Crimes." The discussion content is summarized as follows:The determination of "subjective knowledge" in virtual currency money laundering crimes should be assessed comprehensively to prevent objective attribution of guilt.The identification of the types of acts and standards for completion in virtual currency money laundering crimes involves: first, accurately grasping the essence of the crime, which is "concealing and disguising the source and nature of criminal proceeds and their profits"; second, the acts of concealing and disguising criminal proceeds and their profits, as stipulated in the elements of the money laundering crime, constitute the completion of the crime; third, strictly combating money laundering crimes in accordance with the law to resolutely safeguard national financial security.The determination of illegal operation crimes involving virtual currency indicates that if the behavior does not possess characteristics of business operations and merely involves personal holding or trading of currency, it is generally not recognized as illegal operation. However, if the individual is aware that others are illegally buying or selling or indirectly trading foreign exchange and still provides assistance through the exchange of virtual currency, and the circumstances are serious, they should be recognized as an accomplice in illegal operation crimes.

Ethereum co-founder Vitalik Buterin published an article titled "Balance of Power," exploring the concepts of power and balance. Vitalik believes that more projects should clearly consider not only the "business model" (i.e., how to raise resources to support their work) but also the "decentralization model" (i.e., how to avoid the concentration of power within themselves and the risks associated with having such power).In some cases, decentralization is easy: relatively few people care about dominance. English, or more precisely, open protocols like TCP, IP, and HTTP. In other cases, decentralization is difficult to achieve because use cases in certain situations require conscious action. How to gain the advantages of flexibility without bearing its downsides will remain an important challenge for a long time to come.

Former co-chairman of the board of directors of Canaan Creative, now founder and chairman of Nano Labs, Kong Jianping, stated yesterday: "The logic of Bitcoin's takeover is undergoing fundamental changes. The path of the past bull market was very clear: geeks → programmers → retail investors → mainstream finance, with each round of increase being the result of cognitive diffusion.However, after 2024, ETFs and institutional holdings have changed the supply-demand structure. A portion of BTC is being transformed into dormant assets that do not participate in short-term speculative games, similar to how gold entered the central bank system. When chips are locked up for the long term, the number of sellers willing to enter and exit repeatedly decreases, and the price driving force will shift from 'cognitive diffusion' to 'supply contraction.' The next round of increase may no longer require new narratives and beliefs."

The Hyper Foundation posted on social media that the HYPE in the aid fund address has been officially recognized as burned. This governance vote was conducted using a staking-weighted voting method, with the result showing 85% of staked support for the burn, 7% against, and 8% abstaining.

According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) has granted permission to the Depository Trust & Clearing Corporation (DTCC) in the form of a no-action letter, allowing the company to custody and recognize tokenized stocks and other real-world assets (RWA) on a blockchain. This move enables DTCC to provide tokenization services on a pre-approved blockchain for a period of three years.SEC Commissioner Hester Peirce stated in a statement, "Although the project is still in the pilot phase and subject to various operational constraints, it marks an important step towards the market's migration on-chain." Michael Winnike, Head of Global Strategy and Market Solutions for DTCC's Clearing and Securities Services, mentioned in an interview that after obtaining the permission, DTCC will also expand its record-keeping efforts to the blockchain.As a core clearing and settlement center of the U.S. financial system, DTCC plays a significant role in the equities and fixed income products space. Many liquid assets in the U.S. market are held in DTCC's custody division—Depository Trust Co. The company expects to launch its new tokenization services in the second half of next year.

According to official news, Tether announced that its stablecoin USDT has been recognized by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) as a "Fiat-Referenced Token" (AFRT).This recognition extends to several major blockchain networks including Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON, marking another significant advancement following the previous approval for use on Ethereum, Solana, and Avalanche.

The 21st Century Business Herald published an article titled "Stablecoins Included in the Regulation of Virtual Currencies: Three Core Considerations," in which Zhao Binghao, the director of the Financial Technology Law Research Institute at China University of Political Science and Law, pointed out that the central bank has clearly classified stablecoins as virtual currencies. This definition does not categorize stablecoins as "prohibited items" in the criminal law sense, but rather includes the operational, intermediary, and settlement activities surrounding stablecoins within the scope of regulation. This classification is a key measure to block the "currency substitution" and cross-border arbitrage channels from the source. The current regulatory direction against illegal financial activities involving virtual currencies is having a multidimensional impact on the domestic stablecoin ecosystem, and its development space will continue to shrink. This trend has become a consensus in the industry.

According to official news, Ripple announced that its USD-backed stablecoin Ripple USD (RLUSD) has been recognized by the Abu Dhabi Financial Services Regulatory Authority (FSRA) as an "approved fiat-pegged token," which can be used within the Abu Dhabi Global Market (ADGM), the international financial center in the capital of the United Arab Emirates (UAE).

Web3 AI data platform OlaXBT announced a memorandum of understanding with Funki Finance. OlaXBT will provide pre-processed, auditable multi-source datasets and foundational machine learning models through the AIO NEXUS Data Layer to support Funki Finance's existing deep learning dynamic credit scoring model, AI fully automated loan approval system, time series forecasting analysis platform, and anomaly detection risk monitoring dashboard.This collaboration will focus on expanding credit features and interpretability, enhancing market volatility foresight, shortening overdue warning times, and improving multi-language STT (speech-to-text) accuracy and low latency, thereby driving a dual upgrade of inclusive finance and risk control capabilities through technology. Through this partnership, both parties will establish a joint KPI and A/B testing framework, implementing it in phases under the principles of compliance and privacy-first, continuously optimizing user experience, improving approval efficiency, and reducing capital mismatch risks.OlaXBT is a decentralized AI data infrastructure equipped with a powerful financial data layer AIO NEXUS, multi-factor analysis patented technology, and MCP server market. It provides reinforcement learning AI agents that can deliver strategy information in real-time; employs a hybrid architecture to preprocess macro data, on-chain indicators, and sentiment analysis for tracking large fund movements, trend judgments, automated treasury management, and AI agent minting functions.Funki Finance is a licensed money lender in Hong Kong and a wholly-owned subsidiary of the listed company King Yat Holdings Limited (HKEX: 00070). Positioned as a fintech company, it is committed to providing flexible and convenient online loans and one-stop financial services through innovative technology, emphasizing credit management and risk control, and continuously introducing deep learning and machine learning technologies to optimize decision-making processes.

Ripple's Global Policy Co-Head Rahul Advani stated that as other jurisdictions gradually establish stablecoin systems, the Hong Kong Monetary Authority can promote a mutual recognition mechanism for regulatory frameworks. When Hong Kong recognizes the mechanisms of other regions, locally licensed stablecoins are expected to circulate in Hong Kong, while Hong Kong stablecoins can also circulate in other regions.

ChainCatcher news, the universal blockchain ZetaChain announced the official release of its crypto asset market regulation (MiCAR) white paper in accordance with EU regulation (EU) 2023/1114. This makes ZETA one of the first Layer 1 network tokens to comply with MiCAR, enhancing accessibility for users and institutions in the European Economic Area (EEA).In addition to achieving MiCAR compliance in Europe, ZetaChain has also been officially recognized by the Dubai Financial Services Authority (DFSA) under its crypto token regime. This recognition authorizes the use of ZETA within the Dubai International Financial Centre (DIFC).

ChainCatcher news, RootData has recently been rated as an A++ level product by the crypto research KOL, attracting widespread attention in the industry. In the "Crypto Research Hubs & Media" 2025 graded list released by @the_tradeguru, RootData received the highest rating of A (A++), emphasizing its professional capabilities in data visualization, macro research, and on-chain data interpretation, and is listed alongside top research institutions such as Binance Research, Kaiko, The Block, and Coinbase Institute.The Tradeguru has been well-known in the industry for its systematic tool product grading reviews, with previous lists focusing on crypto research, data analysis, and information platforms, sparking user resonance and discussions.