The No. 42 document jointly issued by the People's Bank of China and seven other departments clearly defines the regulatory framework for virtual currencies and related risks. It stipulates strict control over domestic assets going abroad for RWA issuance, with Hong Kong identified as a potential issuance location, but it is not within the scope of mainland regulation. The overall tone emphasizes strict regulation and does not include any encouragement for development.

According to reports, the Hong Kong China International Capital (CICC) team is in talks with public chains and exchanges about cooperation, focusing on market dynamics following the release of Document No. 42. Regulatory officials pointed out that RWA based on Hong Kong assets are not regulated by this document, while outbound RWA of domestic assets require strict regulation, emphasizing that rapid development is not encouraged.

SEC Commissioner Mark T. Uyeda stated at the Asset Management Derivatives Forum that as tokenization moves from concept to implementation, regulatory rules should not create "unnecessary barriers" to market innovation. He emphasized that blockchain-based securities are a modern evolution rather than a challenge to the existing regulatory framework. Uyeda pointed out that the market has entered an "early practice stage," where participants are testing how to issue, hold, and transfer traditional securities on the chain. He believes that the SEC's responsibility is not to create a separate set of rules for crypto-native assets, but to extend existing securities laws to the on-chain environment to reduce institutional friction.

The U.S. Commodity Futures Trading Commission (CFTC) recently withdrew a controversial regulatory proposal that originally aimed to impose strict restrictions on prediction markets and ban contracts related to sports and political events. With the cancellation of this rule, the regulatory tone has noticeably loosened, marking an important turning point in the direction of prediction market regulation in the United States. The market believes that this decision alleviates long-standing legal uncertainties and opens up greater development space for innovative financial products. Prediction markets have seen rapid growth in demand in recent years. On-chain platforms like Polymarket show that trading volume for related contracts has exceeded $3 billion, with participation in some hot topics reaching levels comparable to the discussions around the 2024 U.S. presidential election. Users are increasingly inclined to obtain information through the "price as probability" approach. Compared to traditional polls, market pricing is more real-time and embodies the wisdom of crowds. This has also led prediction markets to be gradually viewed as a new mechanism for information discovery.

On February 2nd, Bitcoin faced pressure during the first full trading week of February, with prices repeatedly oscillating below $80,000. Macroeconomic uncertainties and risk aversion sentiments are intertwined, and market attention is focused on a series of key US economic data and MicroStrategy (MSTR) earnings reports, which may determine Bitcoin's short-term direction. First is the US labor market signals. JOLTS job openings, ADP employment, initial unemployment claims, and Friday's non-farm payroll report will collectively influence market expectations regarding whether the Federal Reserve will shift to an easing policy in 2026. If the data generally weaken, it will reinforce expectations of rate cuts, increase liquidity imagination space, and usually support Bitcoin; conversely, if employment remains resilient, it may delay the policy shift, continuing to pressure risk assets.

February 2 News, during an industry roundtable in Dubai, Mastercard collaborated with regulators, banks, and fintech companies to hold in-depth discussions on "the true value of stablecoins." The attendees unanimously agreed that stablecoins are no longer just speculative tools in the crypto market but are transforming into important infrastructure for cross-border settlements and corporate payments. Mete Guney, Executive Vice President of Market Development for Mastercard Europe, Middle East, and Africa, stated that the significance of stablecoins has shifted from price volatility to efficiency enhancement. Dr. Marwan Al Zarouni, CEO of the Dubai Blockchain Center, also emphasized that the UAE's approach to digital assets focuses more on practical applications rather than chasing concepts, "Reducing friction is the key to unlocking genuine growth momentum."

On January 29, the Bank of England clarified that it will prioritize the regulation and infrastructure development of systemic stablecoins and tokenized collateral by 2026, marking a significant step forward in the UK's digital finance and blockchain financial regulation. Sasha Mills, Director of Financial Market Infrastructure at the Bank of England, stated at the Tokenization Summit that the coming year will be a “key window for shaping the UK digital financial market framework.” According to disclosed plans, the Bank of England will provide central bank deposit accounts to “systemic stablecoin” issuers and offer liquidity support when necessary. Its reserve structure will consist of 60% short-term UK government bonds and 40% central bank deposits to enhance stability and transparency. Meanwhile, regulators are evaluating a temporary cap on individual stablecoin holdings set at £20,000 and £10 million for corporate holdings to prevent systemic risk from spreading.

January 26 News, the World Economic Forum (WEF) held in Davos, Switzerland, has become an important indicator of the global crypto market. The latest statements from political and financial circles show that the digital asset landscape in 2026 is undergoing profound changes, and cryptocurrencies are no longer just marginal finance but are being incorporated into the core agenda of global power and capital. First is the continued fermentation of the "Trump Effect." U.S. President Trump publicly stated in Davos that he will strive to ensure that the United States maintains its position as the "World Cryptocurrency Capital." This statement was interpreted by the market as a strong endorsement of digital assets. However, due to increasing uncertainty in U.S. diplomacy and trade policies, global funds have recently shifted to safe-haven assets, putting Bitcoin and other high-risk assets under pressure, with short-term volatility significantly amplified. This also once again proves that the linkage between the crypto market and the macro political environment is deepening continuously.

Odaily Planet Daily reports that the White House official Twitter account posted that under Trump's promotion, the United States has become the world's cryptocurrency capital. In response, the new Chairman of the U.S. Commodity Futures Trading Commission, Mike Selig, stated that there is no better place in the world to start a business than the "world cryptocurrency capital." The CFTC is currently modernizing its rules and regulations to ensure that the future of cryptocurrencies and on-chain finance is "Made in America."

Recently, a phishing attack targeting Cardano users has been spreading. Multiple security researchers have discovered that attackers are using carefully forged emails to trick users into downloading a fraudulent wallet application called Eternl Desktop, thereby gaining control of the device and jeopardizing the security of crypto assets. This incident has been regarded as one of the more serious wallet security risks currently in the Cardano ecosystem. The attack email content is highly professional, with a formal tone and rigorous grammar, almost free of spelling or formatting errors. The email claims that users can receive NIGHT and ATMA token rewards through the Diffusion Staking Basket program to enhance credibility, and guides users to click on a download link. In reality, the link points to a newly registered domain download.eternldesktop.network, rather than an official channel.