Odaily News U.S. President Trump posted that the United States intends to bid to host the 2035 World Expo. Florida has clearly expressed its desire for Miami to host this World Expo, and I fully support this. I have appointed Miami native, Secretary of State Rubio, as the lead to coordinate and advance this project. This World Expo will create thousands of jobs and bring billions of dollars in growth to our economy. Note: Rubio's current positions include U.S. Secretary of State, Acting National Security Advisor, Acting Archivist of the United States, and Acting Administrator of the U.S. Agency for International Development.
Odaily News: U.S. President Trump stated that measures imposing 25% tariffs on any country engaging in (trade) with Iran will take effect soon.
Odaily News According to Bitcoin Archive, the state of Kansas in the United States has proposed a Bitcoin strategic reserve bill. This bill would allow up to 10% of state trust fund assets to be invested in Bitcoin ETFs.
If passed, Kansas would become another U.S. state advancing the inclusion of Bitcoin within its state-level asset allocation framework. The progress of this initiative remains subject to further legislative procedures.
Odaily News: U.S. Senate Agriculture Committee Chairman John Boozman officially unveiled the committee's draft version of crypto market structure legislation on Thursday. Although the bill has made some progress on issues related to decentralized finance (DeFi), Boozman noted that there remain divisions between the parties on "fundamental policy issues," and formal legislation is still some distance away.
Informed sources indicated that Democratic opposition to the bill stems more from political disagreements, including potential conflicts of interest involving former President Trump and his family's involvement in crypto projects, as well as concerns about insufficient consumer protection.
According to the legislative process, the bill requires bipartisan support to pass the Senate, needing at least 60 votes. This means that, on top of support from all Republican senators, at least 7 Democratic senators must also be secured. Both the Senate Agriculture Committee and the Banking Committee need to hold markups and votes on their respective versions, with the Agriculture Committee's markup expected to take place next week.
However, progress in the Senate Banking Committee has stalled. Previously, due to Coinbase withdrawing its support, the related markup plans were forced to be postponed. Points of contention include tokenized stocks, DeFi regulatory classification, the jurisdictional boundaries between the SEC and CFTC, and stablecoin incentive mechanisms. Bloomberg reported that the Banking Committee may delay the legislative process by several weeks, prioritizing housing and affordability issues instead.
Odaily News PwC (PricewaterhouseCoopers) states in its released "2026 Global Crypto Regulation Report" that institutional adoption of crypto assets has crossed the "point of no return," making the process difficult to reverse.
The report indicates that the current focus of discussion is no longer whether institutions should use crypto assets, but how to integrate them into the existing financial system. Crypto assets are shifting from being primarily used for trading and speculation to being deeply embedded in core financial scenarios such as payments, settlements, treasury management, and balance sheet management, with the production-level application of stablecoins being particularly crucial.
PwC points out that stablecoins and tokenized cash are being widely used by banks, asset management institutions, and payment companies for internal transfers, cross-border payments, and corporate treasury operations. Crypto technology is gradually becoming the "financial infrastructure operating behind the scenes," often imperceptible to end-users.
The report argues that once crypto systems are embedded into the core business processes of institutions, their adoption path will be difficult to reverse. This view is also being echoed by multiple market participants, including USDC issuer Circle.
Odaily News: Cryptocurrency custody firm BitGo Holdings began trading on the New York Stock Exchange on Thursday, with its stock price experiencing significant volatility on its first day. The company's Class A shares (BTGO) surged rapidly after opening, climbing as much as 36% intraday to $24.50, but subsequently gave back most of those gains.
BitGo's IPO was priced at $18 per share, raising approximately $213 million and giving the company an overall valuation exceeding $2 billion. At the close, BTGO was trading at $18.49, up about 2.7% for the day. In after-hours trading, the stock retreated to around $18.35, essentially returning to near its IPO price.
Market observers noted that the sharp volatility on BitGo's debut reflects both high investor interest and divergent expectations for crypto infrastructure companies. Meanwhile, its peers such as Anchorage Digital and Kraken have also reportedly been evaluating the possibility of launching their own IPOs this year.
Odaily News According to Polymarket data, the probability of Kevin Warsh being elected as Fed Chair is currently reported at 45%, the probability of Rick Rieder being elected as Fed Chair has risen to 32%, the probability of Kevin Hassett being elected as Fed Chair has dropped to 6%, and the probability of Christopher Waller being elected as Fed Chair is currently reported at 13%.
For related reading, please refer to: 《The Final Candidate on the Fed Chair List: What is Rick Rieder's Stance on Crypto?》
Odaily News: Spot gold has risen to break through $4,910 per ounce, setting a new all-time high. It is currently trading at $4,913 per ounce, with an intraday gain of 1.73%. (Jin10)
Odaily News U.S. President Donald Trump filed a lawsuit against JPMorgan Chase and its CEO Jamie Dimon on Thursday, seeking $5 billion in damages, alleging that the financial institution closed his accounts due to political reasons. The complaint filed on Thursday accuses the bank of commercial defamation and breach of an implied contract. Simultaneously, the complaint alleges that Dimon violated Florida's Deceptive and Unfair Trade Practices Act. In response, JPMorgan stated that it does not close accounts based on political or religious reasons. Previously, in efforts to push for actions to stop banks from denying financial services to clients based on ideological reasons, Trump had repeatedly singled out JPMorgan. The complaint states that approximately seven weeks after Trump supporters stormed the U.S. Capitol on January 6, 2021, JPMorgan closed the accounts of Trump and his businesses. At that time, Trump had already left office and had diminished presidential political influence. According to the complaint, JPMorgan "without any warning or provocation" notified Trump of the account closures, causing him significant financial and reputational damage. (Jin10)
Odaily News He Yi posted on the X platform, stating that out-of-context overinterpretation is hard to guard against, and rumors, hatred, and conspiracy theories always find it easier to sweep up public sentiment. Investors who like to follow such sentiment without verification often become the group that repeatedly suffers investment losses in the industry. Previously, a post showed that CZ's views on Meme coins were taken out of context and interpreted as bearish on Meme coins, while his original meaning was that most Meme coins won't go very far, but Meme coins with cultural value can exist long-term.
Odaily News: Spot platinum rose 3% intraday, hitting a new all-time high of $2558.20 per ounce. (Jin10)
Odaily News Ondo Finance will offer tokenized BitGo shares through Ondo Global Markets within hours of BitGo's listing on the New York Stock Exchange. The tokenized asset will be available on Solana, Ethereum, and BNB Chain. Since its launch in September 2025, Ondo Global Markets has become the world's largest tokenized securities platform by assets under management, with a total value locked of approximately $466 million and cumulative trading volume exceeding $6.4 billion.
Odaily News According to the Financial Times, Elon Musk's rocket manufacturer SpaceX is seeking Wall Street investment banks for a "super" IPO, which is expected to be one of the largest IPOs in history. Sources familiar with the matter revealed that Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley have been appointed as the lead underwriters for this IPO, responsible for managing the listing process. SpaceX executives have held meetings with multiple investment banks in recent weeks, as the company prepares for an IPO that could potentially launch as early as this year. Currently, SpaceX is conducting a secondary share sale transaction, valuing the company at approximately $800 billion. Sources also indicated that other investment banks are likely to secure underwriting roles in this listing, but they emphasized that the arrangements have not been finalized and the situation could still change. (Jin10)
According to monitoring by Lookonchain, an internal trader's wallet (z5m3Ja...FziB) purchased 290.8 billion DONT tokens for $4,100 before Nasdaq-listed company Defi Technologies (defidevcorp) announced the launch of the DONT token. This wallet had been inactive for 3 months prior to the purchase and only traded DONT. The address has now sold 106 billion DONT for $182,000, still holds 185 billion DONT worth $955,000, resulting in a total profit of $1.13 million and a return of 276x.
Odaily News: The Securities and Exchange Commission (SEC) of Thailand has released a three-year strategic plan for 2026-2028, with key focuses including establishing a regulatory framework for crypto ETFs and promoting asset tokenization. Pornanong Budsaratragoon, Secretary-General of the Thai SEC, stated that the plan aims to develop digital assets as a formal investment category and enhance the competitiveness of the local market.
According to the plan, the Thai SEC expects to issue regulatory guidelines for crypto ETFs early this year and explore their issuance in the form of trusts. Meanwhile, the Thailand Futures Exchange (TFEX) is researching the launch of crypto futures trading. In terms of security regulation, the Thai SEC intercepted 47,692 crypto money mule accounts used for scams in 2025 and handled over 12,000 investor inquiries. Currently, the Thai digital asset market is valued at approximately $3.19 billion, with a daily average trading volume of $95 million. Furthermore, the Thai government has approved an exemption from capital gains tax on crypto transactions conducted through authorized service providers for the period from 2025 to 2029.
