Chinese Regulators Define RWA Oversight: Debt Under NDRC, Equities and Securitization Under CSRC Recent reports from Caixin indicate a significant clarification of regulatory responsibilities for Real World Assets (RWAs) in China. According to the outlet, debt-related RWAs will fall under the purview of the National Development and Reform Commission (NDRC), while equity-based RWAs and asset-securitization RWAs will be supervised by the China Securities Regulatory Commission (CSRC). Similar to traditional offshore financing activities, the repatriation of offshore RWA-raised funds will be overseen by the State Administration of Foreign Exchange (SAFE). Other forms of RWAs will be jointly regulated by the CSRC and relevant departments based on their respective mandates. Industry analysis suggests that tokenized fundraising conducted on licensed exchanges in Hong Kong aligns more closely with China's strategic objectives. Given the Hong Kong Stock Exchange's exclusive operational rights over the Hong Kong stock market, it is anticipated that the exchange will open its doors to licensed cryptocurrency exchanges for the trading of tokens backed by equity as the underlying asset. #crypto #blockchain #news

New Regulatory Directive Addresses Stablecoin Functions and Offshore RWA Services A recent directive issued by eight Chinese government departments marks a significant evolution in the nation's approach to cryptocurrency regulation. Notably, this "Notice on Further Preventing and Disposing of Risks Related to Virtual Currency and Related Issues" (2.6 Notice) is the first in China's virtual currency regulatory history to explicitly supersede previous pronouncements, such as the 94 Announcement and 924 Notice. The most impactful provision of the 2.6 Notice is its explicit recognition that stablecoins pegged to fiat currencies can, in practice, fulfill some functions of legal tender during their circulation. This acknowledgment signals a shift in how authorities view the utility and potential implications of these digital assets. Furthermore, the directive outlines specific requirements for offshore subsidiaries and branches of domestic financial institutions offering "real-world asset" (RWA) services. While this offers a pathway for such activities, it is crucial to note that these provisions are exclusively intended for licensed financial entities, emphasizing a controlled and regulated approach to the integration of RWA into the financial system. #crypto #blockchain #news

NBA Star Giannis Antetokounmpo Invests in Prediction Market Kalshi According to The Athletic, NBA superstar Giannis Antetokounmpo has become a shareholder in the prediction market platform Kalshi, marking the first instance of an active NBA player directly investing in the company. While Kalshi operates as a federally regulated financial exchange rather than a betting platform, and the NBA permits players to hold up to a 1% passive stake in sports betting companies, Antetokounmpo's investment raises questions. His stake allows him to profit from speculation surrounding his career, such as trade rumors. This development presents a challenge for the league's regulatory oversight. The partnership was announced just 100 days after the 2026 NBA gambling scandal, which led to indictments of figures including Chauncey Billups and Terry Rozier. Kalshi has previously announced collaborations with the NHL and golfer Bryson DeChambeau. #crypto #blockchain #news

Vietnam Proposes 0.1% Tax on Crypto Transactions via Licensed Providers HANOI – Vietnam's Ministry of Finance has released a draft proposal that could introduce a 0.1% personal income tax on cryptocurrency asset transfers conducted through licensed service provider platforms. This proposed tax would apply to both residents and non-residents, aligning with the country's current securities transaction tax regime. The draft legislation also specifies that cryptocurrency asset transfers and transactions would be exempt from Value Added Tax (VAT). For Vietnamese institutional investors, income derived from cryptocurrency asset transfers would be subject to a 20% corporate income tax. Furthermore, the proposal outlines significant capital requirements for digital asset exchanges, mandating a minimum registered capital of 10 trillion Vietnamese Dong (approximately $408 million USD). Foreign ownership in these exchanges would be capped at 49%. #crypto #blockchain #news

Arweave Network Continues Normal Operations Despite Block Explorer Sync Issues Arweave's blockchain has experienced a temporary discrepancy in block production reporting, leading to concerns about network downtime. According to arscan data, the Arweave (AR) network appeared to have not produced new blocks for over 24 hours, with the last recorded block at height 1,851,686, timestamped February 6, 11:18:15 Beijing Time. However, verification through the Arweave node interface (arweavenet/info) by Wu Blockchain confirms that the network's block height has advanced to 1,852,523, indicating normal on-chain block production. The discrepancy is attributed to potential synchronization or display issues with certain block explorers rather than an actual network halt. Arweave network operations remain unaffected. #crypto #blockchain #news

Hong Kong's Securities and Futures Commission (SFC) convened its third digital asset consultation group meeting on February 6th, engaging with licensed virtual asset trading platforms to shape future regulatory developments. The session centered on enhancing the digital asset ecosystem, with discussions covering initiatives to boost liquidity on licensed platforms and expand the range of regulated products and services. "We aim to strike a balance between innovation and robust investor protection," stated Paul Lee, Executive Director of the Intermediaries Supervision Department at the SFC. He emphasized continued collaboration with the industry through the "Relationships" pillar of the ASPIRe roadmap. #crypto #blockchain #news

On February 1st, a significant "whale" or institutional investor experienced a liquidation of $230 million in positions on the Hyperliquid platform. In the subsequent two hours, this entity transferred 5,000 BTC, valued at approximately $351 million, to Binance. On-chain data indicates that this investor's cluster of addresses still holds substantial assets, including 28,000 BTC (worth $1.9 billion) and 818,600 ETH (worth $1.645 billion). #crypto #blockchain #news #BTC #Bitcoin

Arweave Network Experiences Extended Block Production Pause. Arweave (AR) has not generated new blocks for over 24 hours, with the latest block recorded on February 6th at 11:18:15 GMT+8, according to Arweave Explorer data. #crypto #blockchain #news

Zcash (ZEC) has experienced a significant decline, falling approximately 60% from its November 2025 peak. Data indicates that Cypherpunk Technologies, a digital asset treasury company backed by the Winklevoss brothers, has seen the value of its Zcash holdings drop by over 50% since its last disclosed acquisition on December 30, 2025. Cypherpunk Technologies currently holds around 290,000 ZEC, representing roughly 1.76% of the circulating supply, and has not made further additions to its position. Based on an average purchase price of approximately $334 per ZEC, the company's unrealized losses are estimated at $25.7 million, according to The Defiant. #crypto #blockchain #news

According to Lookonchain monitoring, the address starting with "0xcA0", identified as "BTC OG Insider Whale" (proxy Garrett Jin), shares a Binance deposit address with Trend Research, an entity under Yi Lihua. On-chain data reveals that Trend Research transferred 7.989 million USDT to an address starting with "0xcdF" one day ago, which was subsequently moved to the Binance hot wallet address starting with "0x28C". Concurrently, the "BTC OG Insider Whale" transferred 10,000 ETH to the same "0xcdF" address, which was also subsequently moved to the Binance hot wallet address starting with "0x28C". #crypto #blockchain #news #BTC #Bitcoin

Monitoring firm Lookonchain has observed a peculiar connection between two significant crypto entities: a “BTC OG insider whale” (identified by the address starting with 0xcA0 and represented by Garrett Jin) and Trend Research, a firm associated with Yi Lihua. The two entities appear to be utilizing the same Binance deposit address. On-chain data reveals that Trend Research transferred 7.989 million USDT to an address beginning with 0xcdF approximately one day ago, subsequently moving the funds to a Binance hot wallet address starting with 0x28C. In parallel, the “BTC OG insider whale” deposited 10,000 ETH into the same 0xcdF address, which was also later transferred to the Binance hot wallet address 0x28C. While Lookonchain has not provided further analysis, the shared Binance deposit address raises questions. Binance deposit addresses are typically unique to users, especially for large and frequent transactions. Although possibilities such as coincidental address reuse or a common financial intermediary cannot be entirely dismissed, it is highly improbable for two independent large-scale holders or institutions to exclusively use the exact same deposit address under normal circumstances. #crypto #blockchain #news #BTC #Bitcoin

Aave founder Stani Kulechov has continued a recent selling spree, offloading another 1,700 ETH (approximately $3.53 million) in the past 13 hours. The ETH was reportedly exchanged for 30,727 AAVE tokens through a single-sided liquidity provision. Over the last 24 hours, Kulechov has sold a total of 6,204 ETH, valued at around $11.88 million. #crypto #blockchain #news

BitMEX Co-founder Arthur Hayes has suggested that recent Bitcoin price drops may be largely attributed to hedging activities by traders involved with IBIT structured products. Hayes noted that certain trigger points within bank-issued structured notes could prompt concentrated hedging, leading to rapid price volatility. He advised market participants to adapt their strategies in response to evolving market mechanics. #crypto #blockchain #news #BTC #Bitcoin

Big crypto shake-up! Altcoins bleeding ~$40B in open interest as risk appetite dries up. Bull cycles shrinking fast (median ~20 days in 2025 vs. 40-60). Investors fleeing to BTC & ETH for safety. #crypto #altcoins #Bitcoin #Ethereum

Vitalik Buterin donated 256 ETH (128 each) to privacy apps Session & SimpleX, supporting encrypted communication & metadata privacy. A long-term bet on decentralized, de-identified messaging! 🛡️ #crypto #blockchain #news

EU’s MiCA crypto rules begin in 2024! 🇪🇺 Stablecoins face toughest rules, other crypto-assets need disclosure. CASPs get an EU-wide license (until 2026). Tax reporting via DAC8 (2026) will boost transparency. #MiCA #crypto #regulation

🇰🇷 S. Korean financial groups (KB, Shinhan, Hana, Woori) are teaming up with tech giants (Naver, Kakao, Samsung) to jump into the stablecoin market! KB, Shinhan & Hana are working with Naver & potentially Dunamu (Upbit). Woori is partnering with Samsung Wallet. #stablecoins #fintech #korea #crypto #blockchain #news

Crypto exchange trading volumes surged in Oct '25! Spot trading +36%, led by KuCoin (+240%). Derivatives up 27%, KuCoin again leading (+185%). Bitfinex, Gate.io, Deribit & Crypto.com also saw big gains. Upbit & Bitget saw slight dips/modest growth. #crypto #trading #blockchain #news

James Chanos, prominent short-seller, has closed his 11-month short position on MicroStrategy (MSTR) & Bitcoin. Analysts see this as a potential signal of a market trend reversal for Bitcoin treasury stocks, suggesting the worst may be over. via @CryptoSlate #crypto #blockchain #news #BTC #Bitcoin

SEC asked issuers of spot ETF applications for LTC, XRP, SOL, ADA, & DOGE to withdraw filings after approving a universal listing standard. Withdrawals expected this week. - @EleanorTerrett #crypto #blockchain #news