According to a report by Sing Tao Daily, the Hong Kong Securities and Futures Commission has granted another license for virtual asset trading platforms, with the latest being Bullish, which has increased the number of licensed virtual asset trading platforms in Hong Kong to 10. Bullish Senior Vice President and Global Sales Head, Andy Lau, previously stated in an interview with this newspaper that Hong Kong is an important business location with over 100 employees. He hopes to focus on institutional business after obtaining the license. It is worth noting that Bullish has previously acquired CoinDesk, a comprehensive media, event, and index platform. At present, there are 8 platforms on the list of applicants for virtual asset trading platforms. Ye Zhiheng, Executive Director of the Intermediary Department of the China Securities Regulatory Commission, recently stated that the market's standards for licensing issued by the commission are becoming increasingly clear, and new licenses will be granted. However, whether all applicants obtain licenses depends on whether they meet the requirements.

On February 19th, according to The Block, Robinhood's Q4 cryptocurrency revenue reached $360 million, an increase of 490% from Q3, setting a quarterly record for the platform's cryptocurrency revenue. This figure far exceeds the previous peak of $126 million in the first quarter of 2024. Cryptocurrency revenue currently accounts for nearly 40% of Robinhood's quarterly total revenue, compared to approximately 20% in the third quarter of 2024. In addition, Robinhood's Q4 cryptocurrency trading volume reached $71 billion.

1. Federal Reserve's Daley calls cryptocurrency an emerging industry 2. Salvadoran President meets with Strategy founder 3. Tether issues 1 billion USDT 4. Coinbase launches Solana and Hedera futures 5. Federal Reserve talks about policy tightening and uncertainty 6. OKX obtains MiCA license to operate in Europe 7. SEC seeks feedback on Ethereum ETF options The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/443288

Odaily Planet Daily News: Former SEC official John Reed Stark believes that the SEC's lawsuit against Coinbase may be stillborn as the regulator's newly established cryptocurrency working group seeks to resolve previous enforcement actions against the exchange. Stark explained in a post on X on February 17th why the SEC is requesting a 28 day extension to respond to Coinbase's petition for permission to appeal. According to the unprecedented 3-page joint motion, the SEC's review of cryptocurrency related issues is' ongoing ', and the extension will give the SEC time to conduct a' proper review 'as it prepares its response to the Coinbase petition. In other words, the SEC's lawsuit against Coinbase may have ended Stark estimates that the SEC's lawsuit against Binance will also have the same outcome. He cited a joint motion submitted on February 11th, in which both parties believe that the SEC's cryptocurrency task force "may affect and facilitate the potential resolution of this case. Ripple is no exception. Since 2020, the company has been deeply embroiled in lawsuits with the SEC, and "it is expected that all appeals related to cryptocurrency, including appeals in the Ripple case, will be suspended and even more likely to be completely withdrawn

On February 19th, according to official sources, Coinbase announced the launch of Solana and Hedera futures contracts regulated by the CFTC. Eligible US investors can now trade the aforementioned contracts on Coinbase Derivatives.