China Bitcoin legalization is priced at 5% but Beijing’s February 2026 Ban 2.0 made one detail brutal
The shift to “public order and good morals” language turns many crypto deals legally invalid, pushing losses onto individuals instead of platforms.
Trends in crypto lending, borrowing, and yield-generation across CeFi and DeFi platforms.
The shift to “public order and good morals” language turns many crypto deals legally invalid, pushing losses onto individuals instead of platforms.

Governance is shifting to asset-scoped “Umbrella” protection, boosting efficiency while leaving cross-asset contagion partly exposed.

Visa’s new paper pitches stablecoin-powered lending to over 15,000 banks: here’s what the data says and what would have to change next.