Following a 13-page letter to the SEC from investment giant Citadel Securities suggesting stricter regulation of decentralized finance (DeFi) protocols that handle tokenized securities, the DeFi industry responded last Friday with its own letter, calling Citadel Securities' arguments "baseless." The new letter, jointly signed by the DeFi Education Fund, Andreessen Horowitz (a16z), DigitalChamber, Orca Creative, lawyer J.W. Verret, and the Uniswap Foundation, stated: "While we share Citadel Securities' goals regarding investor protection, market order, and the integrity of national market systems, we disagree that achieving these goals always requires registration like traditional SEC intermediaries, and we also disagree that in some cases these requirements cannot be met through well-designed on-chain markets." Citadel Securities argued that DeFi protocols could potentially operate as exchanges or brokers requiring registration and regulation. However, under President Donald Trump, the new SEC leadership has been seeking more policy leeway for the crypto industry. White House crypto advisor Patrick Witt also posted on social media platform X, stating that his office supports the "necessity of protecting software developers and DeFi." A spokesperson for Citadel Securities stated in an email comment, "As we detailed in our comment letter, Citadel Securities strongly supports tokenization and other innovations that can solidify the U.S. leadership in digital finance, but this does not mean sacrificing stringent investor protections that make the U.S. stock market the global gold standard." The DeFi Alliance responded that Citadel Securities' letter contained "numerous factual errors and misleading statements." Jennifer Rosenthal, a spokesperson for the DeFi Education Fund, stated that the company is protecting its business interests. Rosenthal said, "It is in Citadel Securities' interest to question the existence of a technology that threatens its business and significant market share."

According to ChainCatcher, Tether has submitted a binding all-cash offer to Exor to acquire its entire stake in Juventus Football Club, representing 65.4% of the issued share capital. The completion of the transaction is contingent upon Exor's acceptance, the signing of final documents, and obtaining necessary regulatory approvals. Following the transaction, Tether plans to launch a public tender offer for the remaining shares at the same per-share price, with all funds sourced from its own capital. Tether has committed to a long-term investment in the club, pledging €1 billion to support and develop Juventus if the deal is finalized. Market sources indicate that the Agnelli family, which holds controlling interest in the club, does not intend to sell its shares.

According to Odaily, Peter Schiff recently commented on the X platform that gold and silver have risen due to a new round of quantitative easing (QE). He criticized Bitcoin for not experiencing a similar increase, suggesting that it should be "eliminated."

Peter Schiff posted on the X platform that gold and silver have risen due to the new round of quantitative easing (QE), while he believes Bitcoin "didn't even rise" and should be "rejected." (Cointelegraph)

According to ChainCatcher, Pakistan's cryptocurrency regulatory body has announced plans to incorporate Bitcoin into the country's economic infrastructure. The initiative aims to utilize the nation's 20 GW energy surplus for Bitcoin mining and artificial intelligence-related ventures. The regulatory body also anticipates that emerging markets will spearhead the next wave of cryptocurrency adoption. Previously, there were reports that a Pakistani Minister of State proposed the idea of adopting Bitcoin as a national reserve.

Market's liquidity shift suggests a strong tilt in favor of bears, who might push things to the ground. source: https://u.today/crypto-market-prediction-xrps-engines-are-hot-enough-for-a-rally-ethereum-eth-one-more-price-surge

The Office of the Comptroller of the Currency (OCC) has announced conditional approvals for five national trust bank charter applications from cryptocurrency-related firms, Ripple, BitGo, and Paxos, alongside Circle and Fidelity Digital Assets. All five companies are responsible for issuing stablecoins. However, Fidelity is yet to issue its own stablecoin, still allegedly said to be […] source: https://www.cryptopolitan.com/occ-ripple-bitgo-paxos-national-trust/

null source: https://x.com/CultivateCrypto/status/1999627311541592263

GSR asserts operational stability and liquidity amid unrelated liquidation rumors, refuting online claims. source: https://coincu.com/news/gsr-operations-amid-liquidation-rumors/

الحرب الروسية الأوكرانية مستمرة منذ ما يقارب أربع سنوات حتى الآن. كانت العقوبات الغربية تهدف إلى عزل روسيا ماليا. بدلا من ذلك، أجبروا على التكيف. في عام 2025، بدأت BeInCrypto بتوثيق كيفية إعادة بناء روسيا والجهات المرتبطة بروسيا بطرق الدفع باستخدام العملات الرقمية source: https://ar.beincrypto.com/russia-crypto-cold-war-sanction-evasion/

Remittances have always been reliable and fast across the Atlantic. This may be one reason why Americans are happy to accept "stablecoins" as an alternative to the banking system.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

For platforms with a large user base, stablecoins are not just cross-border payment tools, but a fundamental financial track that can reshape revenue structures and user relationships.

RWA's Hong Kong pilot program sparks heated discussion: How can RWA be transformed from a concept into a real asset? Jinse Finance explores how Hong Kong is building a practical path for the implementation of RWA through pilot programs.

Coinbase-incubated open-source payment protocol x402 has released version 2. This is the first major version iteration since its mainnet launch in May 2025.

The Bolivian government has announced a major policy—integrating stablecoins into its formal financial system, allowing them to be used "as a legal tender."

Binance, cryptocurrency, Hash Global founder KK discusses BNB digital asset allocation and Web3 development stage. Golden Finance reports, "In the future, all assets will be issued and traded on-chain."

x402 Protocol, AI Agent, Payment: Let's talk about the x402 V2 upgrade and share some key points. Golden Finance shares several key aspects of the x402 protocol V2 upgrade.

What are the implications of the frequent regulatory actions taken by the US SEC and OCC? This article from Jinse Finance focuses on the recent regulatory actions of the US SEC and OCC.

Coinbase has released version 2 of the x402 protocol. This version optimizes upon version 1, expanding from a single-call payment to a unified internet payment layer.