PayPal 的 PYUSD 稳定币加入 Cardano 生态系统

Bitwise 已提交现货狗狗币 ETF 的官方 S-1 文件，向美国证券交易委员会公开其计划。 Bitwise 已正式向美国证券交易委员会提交申请，准备推出狗狗币 (DOGE) 交易所交易基金 (ETF)。该公司于 1 月 28 日提交了 S-1 注册，正式表明其打算提供现货狗狗币 ETF。 此前，1 月 22 日，Bitwise 已在特拉华州提交了注册申请，表明其计划推出该产品。彭博 ETF 分析师 James Seyffart 在 X 上指出，虽然提交申请是意料之中的事，但这一举措使该提案在 SEC 上正式生效。 我们知道这一点，因为他们上周提交了信托注册申请，但这向美国证券交易委员会正式提交了申请。https://t.co/J7GuVqujJw— James Seyffart (@JSeyff) 2025 年 1 月 28 日 Bitwise 并不是唯一一家申请 DOGE ETF 的资产管理公司。此前，1 月 21 日，专注于 ETF 和 ETN 的公司 Rex Shares 和 Osprey Funds 为 DOGE 和许多其他加密货币提交了 N1-A 表格，包括 Official Trump (TRUMP)、Solana (SOL)、比特币 (BTC) 和瑞波币 (XRP)。 ETF 为投资者提供了一系列好处，包括多元化、成本效益、流动性和透明度，使其成为管理投资的便捷方式。狗狗币 ETF 可让投资者在受监管的环境中接触狗狗币的价格走势，而无需使用加密钱包或交易所。 你可能还喜欢：纳斯达克寻求允许贝莱德比特币 ETF 进行“实物”赎回 彭博 ETF 分析师 Eric Balchunas 表示，根据 CoinDesk 的说法，Bitwise 的 ETF 是根据“33 法案”提交的，而 Rex 和 Osprey 是根据“40 法案”提交的。 这是第一个 33 法案（类似 $IBIT）的 doge 备案。Rex 有一个根据 40 法案备案的 e，但这不是真正的实物支持结构— Eric Balchunas (@EricBalchunas) 2025 年 1 月 28 日 40 法案的主要特点是它实施了更严格的 SEC 监管和更好的治理，并限制了杠杆和卖空等风险较高的操作，为投资者提供了更强有力的保护。相比之下，33 法案通常用于监管要求不那么严格的特殊 ETF，例如商品类 ETF。 然而，虽然 DOGE ETF 可以让投资者更方便地接触 DOGE，而无需与加密货币交易所打交道，但它也引起了人们的关注，因为模因币经常因其波动性而受到批评。 1 月 16 日，Burwick Law 的 Max Buwick 指出，模因币是“多层级营销骗局的终极进化”。Burwick 认为模因币利用了人类的绝望情绪，并没有强大的基本面支撑。然而，正如 CryptoQuant 首席执行官所说，不管你喜欢与否，特朗普已经开启了模因币的新时代！

Newly released documents show the New York Attorney General urged the SEC to classify Ethereum as a security. This urgency was evident during the SEC’s 2023 enforcement action against crypto exchange KuCoin. However, the SEC ultimately declined to publicly state that position.  The documents, made public by Coinbase through a Freedom of Information Act request, include an email from Shamiso Maswoswe, head of the Investor Protection Bureau at the NYAG’s office, to SEC Chair Gary Gensler’s chief of staff.  In the message, Maswoswe requested that the SEC file an amicus brief supporting the argument that Ethereum (ETH) is a security. While she acknowledged that the classification wouldn’t affect the state’s ability to pursue the case, since New York regulates both securities and commodities, she argued that a court ruling affirming ETH’s security status would aid investor protection. The SEC did not file the brief, and the agency has since maintained a largely ambiguous stance on ETH.  Historically, the SEC had signaled that Ether was likely a commodity, but after Ethereum transitioned to proof-of-stake, speculation intensified around whether the asset could fall under securities laws. Despite ongoing scrutiny, the SEC has never officially classified ETH as a security. You might also like:Valour launches Litecoin and Curve DAO ETPs KuCoin settlement  The KuCoin case concluded in December 2023 with the exchange agreeing to a $22 million settlement and ceasing operations in New York. At the time, Attorney General Letitia James said the enforcement action was part of broader efforts to hold crypto platforms accountable for unlicensed activity. Coinbase’s FOIA request has also uncovered additional SEC discussions about digital asset classification, including internal commentary on Ripple’s XRP and the regulatory boundaries between centralized and decentralized blockchain projects. Coinbase has continued to publish FOIA-obtained documents as part of its legal and public policy efforts to push for transparency around crypto regulation.  You might also like:Revolut partners with Lightspark to add Bitcoin Lightning for UK and EEA users

贝莱德是全球最大的资产管理公司，管理的资产超过 10 万亿美元，目前正在将比特币纳入其自己的模型投资组合。 据彭博社 2 月 28 日报道，该资产管理公司将把其比特币 (BTC) 交易所交易基金的 1% 至 2% 分配给目标模型投资组合。这些资金来自贝莱德 iShares 比特币信托 ETF（股票代码为 IBIT），将用于该公司包括另类投资在内的投资组合。 在投资领域，模型投资组合是预先构建的基金，旨在提供现成的策略。它们提供投资于基金份额的管理投资策略，并向财务顾问推销。 模型投资组合在整个市场上都出现了显着增长，部分原因是人们对数字资产和加密货币交易所交易产品的兴趣日益浓厚。 你可能还喜欢：巴克莱报告称其对贝莱德比特币 ETF 的投资金额达 1.31 亿美元 贝莱德的 IBIT 目前是一只价值 480 亿美元的现货比特币 ETF，持有 576,046 枚比特币，约占比特币总市场份额的 2.9%。据彭博社报道，贝莱德计划将 1% 至 2% 的 IBIT 配置到其 1500 亿美元的模型投资组合中。 尽管这个 1500 亿美元的资金池只占贝莱德整体模型投资组合业务的一小部分，但 IBIT 的加入可能会显著提振对现货比特币 ETF 的需求。 贝莱德目标配置 ETF 模型首席投资组合经理迈克尔·盖茨 (Michael Gates) 重申了该公司对比特币投资的信心。 盖茨在 2 月 27 日给投资者的一份报告中表示：“我们相信比特币具有长期投资价值，并有可能为投资组合提供独特且附加的多样化来源。” 2024 年 1 月，美国证券交易委员会批准了 IBIT 和其他几只现货比特币 ETF。贝莱德、富达投资、WisdomTree 和 VanEck 等公司均获得了比特币 ETF 上市和交易的监管批准。 投资者对这些基金的需求帮助将比特币的价格在 2024 年 3 月推高至 69,000 美元以上。后来，美国大选周期期间人们的兴趣高涨推动比特币价格升至 109,000 美元以上的历史新高。 然而，此后的抛售已将 BTC 推低至 79,000 美元，过去一周包括 IBIT 在内的现货 ETF 出现大量资金流出。 你可能还喜欢：随着 BTC 跌破 8 万美元，比特币 ETF 继续面临资金外流

Gotbit 创始人 Aleksei Andriunin 的认罪协议要求他放弃约 2300 万美元的稳定币。如果获得批准，他可以避免入狱和额外罚款。 安德鲁宁与马萨诸塞州地区美国检察官达成认罪协议，该协议要求安德鲁宁交出价值 2300 万美元的加密货币资产。 根据官方法庭文件，安德鲁宁承认了一项市场操纵罪和两项电信欺诈罪。根据起诉书，他最初将面临 20 年或更长时间的监禁。然而，如果他的认罪协议获得批准，做市商公司 Gotbit 的创始人最多只会被监禁 24 个月，随后是 36 个月的监督释放。 文件称，在三年的监督释放期间，安德鲁宁将不被允许参与任何加密活动。 此外，他不需要支付任何额外的罚款，因为他同意没收所有因他被指控的罪行（即市场操纵和电信欺诈）而获得并可直接追溯到的加密资产。 联邦检察官估计，这些指控可能导致罚款 50 万美元或犯罪所得或损失金额的两倍。安德鲁宁还将受到赔偿和资产没收的处罚，包括最高五年的缓刑。 阅读更多：美国起诉 26 岁的 Gotbit 创始人涉嫌市场操纵 “被告同意全力协助没收上述资产。被告同意立即采取一切必要措施，将上述资产的所有权明确移交给美国，”美国检察官办公室负责人 B. Foley 在文件中表示。 作为交易的一部分，Andruinin 同意放弃存放在两个不同加密钱包地址中价值近 1400 万美元的 USDT (USDT)。此外，Gotbit 创始人还将放弃存放在两个加密钱包中的约 900 万美元的 USDC (USDC)。总的来说，Andruinin 将从四个不同的钱包中交出价值约 2300 万美元的稳定币。 文件中指出，虽然这些资产被列为 Gotbit Consulting LLC 的财产，但钱包完全由 Andruinin 代表 Gotbit 控制。 Foley 写道：“因此，Gotbit 同意以民事没收上述资产的方式代替刑事没收。” 去年 11 月，安德里乌宁被指控参与了一项长期的“洗盘交易”计划，该计划包括人为地提高交易量并在市场上进行虚假交易。据称，这些活动发生在 2018 年至 2024 年期间，当时他担任 Gotbit 的首席执行官。 Gotbit 是美国检察官首次针对加密货币行业市场操纵和虚假交易的刑事起诉中指控的四家公司之一。另外三家公司分别是 ZM Quant、CLS Global 和 MyTrade。 阅读更多：美国指控 4 家公司和 14 名个人涉嫌加密货币欺诈

The Genius Act regulating crypto in the U.S. could have been adopted in May, but Democrats blocked it in the Senate. However, various companies have already prepared several projects associated with stablecoins, and the failure of the bill doesn’t seem to stop them. First, we’ll highlight the upcoming updates in the stablecoin sector, then we’ll address the political battle around stablecoins’ legal framework in the U.S. and the implications of the Genius bill’s defeat in the Senate. Table of ContentsStablecoins could ramp up due to integration with Meta, Visa, Mastercard(De)regulation failure“Dark stablecoins” and Cardano’s privacy stablecoin Stablecoins could ramp up due to integration with Meta, Visa, Mastercard Stablecoins are already the most popular type of cryptocurrency due to their ease of use, stable price, and global reach. Reportedly, in 2025, the circulating supply of stablecoins averages to $521 billion, which is more than Visa with $319 billion and PayPal with $32 billion. Stablecoin traction may get galvanized even further as several tech giants are planning to embed them into their multi-million networks. In 2019, Facebook announced plans to create cryptocurrency Libra/Diem and seamlessly embed it into its ecosystem of over one billion users. However, ambitious plans didn’t come to fruition as Facebook failed to satisfy the demands of skeptical regulators. Based on anonymous sources, Fortune claims that Meta is working on the implementation of crypto transactions within its apps with a multi-billion user base. Allegedly, already existing stablecoins USDC and USDT will facilitate fast and cheap transactions among Meta users across the world. It is not clear when Meta’s plan to implement stablecoin transactions will materialize. However, two debit card giants, Visa and Mastercard, have more articulated plans of exposing billions of their users to stablecoin transactions infrastructure.  Visa has been testing stablecoin transactions since 2023 and doesn’t seem to be quitting. As of press time, stablecoin transactions conducted by Visa amount to over $220 million. On May 6, it was revealed that through Visa Ventures’ arm, Visa invested in BVNK, a company working on stablecoin payment infrastructure. On top of that, Visa collaborates with Stripe-owned Bridge to make stablecoin transactions available for Visa clients in several countries, with a focus on Latin America. Cardholders will be able to spend stablecoins at millions of merchant points accepting Visa. Soon, Stripe’s financial app will support Stablecoin Financial Accounts in 101 countries, as announced on May 7. Mastercard partners with multiple cryptocurrency giants to unlock stablecoin transactions for its clients, who will be able to pay with stablecoins in over 150 million merchant locations. The list of partnerships includes OKX, Binance, Gemini, Kraken, Bybit, MetaMask, and many more. (De)regulation failure Elisabeth Warren and other critics of the GENIUS Act push for further opposition to the bill deregulating stablecoins in the U.S. Democrats see it as a sweeping “crypto power grab” that will allow stealth foreign donations in the election. More than that, if the legislation is adopted, it will allow officials to make money via cryptocurrency business. All of these are seen as the gateway for corruption. Democrats demand changes to be made in the bill. They cite anti-money laundering provisions, foreign issuers, financial system soundness, national security, and accountability of law violators as the sections that require improvements. Read more:Senate crypto bill collapses: Is partisan divide or Trump’s digital fortune to blame? “Dark stablecoins” and Cardano’s privacy stablecoin Following the defeat of the Genius Act bill in the Senate, CryptoQuant’s CEO Ki Young Ju took to X to speculate on the possibility of the emergence of “dark stablecoins” in response to increasing governmental control in the stablecoin sector. Dark stablecoins are likely to emerge in the future.#Bitcoin was created by the cypherpunk community to be censorship-resistant and belongs to no one, making it impossible to control.Stablecoins, however, act as a bridge between the internet and the real world, so they need…— Ki Young Ju (@ki_young_ju) May 11, 2025 Ju warns that as stablecoin transactions will trigger tax-collecting smart contracts, and crypto wallets may become frozen due to suspicious activity, users accustomed to the freedom and comfort of unregulated use of stablecoins will seek censorship-resistant stablecoins. Ju outlined two possible types of “dark stablecoins”: algorithmic ones and stablecoins issued by countries that don’t censor stablecoin transactions.  Currently, we cannot point out an existing “dark stablecoin,” however, Ju speculates that if Tether decides to disobey regulations, USDT may become one.  “I’m not sure if there are still long-term crypto investors out there, but I think dark stablecoin-related assets could have investment potential in the Internet capital markets. DYOR,” concluded he.  During the Token2049 event, Tether CEO Paolo Ardoino announced that the company is working on a new USD-pegged stablecoin that would comply with the U.S. stablecoin laws and plans to release a new currency in 2025. JUST IN: #Cardano $ADA Founder Charles Hoskinson says "Cardano will probably be one of the first to do a private stablecoin. Maybe people don't want to have a stablecoin where every time they buy something, it's forever tracked by everyone everywhere, and everybody can see it." pic.twitter.com/VjOI80HiZP— Angry Crypto Show (@angrycryptoshow) May 11, 2025 On May 9, during the podcast with eToro, Charles Hoskinson of Cardano shared his plans to launch the first-ever privacy-focused stablecoin on the Cardano blockchain. You might also like:Stablecoins: The gateway to mainstream crypto in 2025 | Opinion