ChainCatcher news, according to The Block, investment bank TD Cowen pointed out that the Trump family's cryptocurrency business (including the planned launch of a stablecoin) could trigger a backlash and delay the U.S. regulatory process. Despite lawmakers accelerating the push for cryptocurrency regulations, political risks are on the rise.Jaret Seiberg, head of TD Cowen's Washington research team, wrote in a report on Monday: "We are concerned that political threats may escalate to a level that could undermine legislative and regulatory reforms in the cryptocurrency space. While we do not currently see political risks that could completely disrupt the cryptocurrency industry, the risks are rising rather than falling, which is a key factor we believe investors need to pay attention to." Currently, Washington lawmakers and regulators are making progress in cryptocurrency legislation and guideline development. The U.S. Securities and Exchange Commission (SEC) has withdrawn several cryptocurrency lawsuits, and lawmakers are proposing frameworks for regulating stablecoins and market structures.Seiberg mentioned that last week, SEC Acting Chair Mark Uyeda also hinted that the SEC might provide exemptions for cryptocurrency trading platforms and traditional exchanges wishing to trade tokenized securities. However, Seiberg stated that this momentum could be threatened by the controversies arising from the Trump family's involvement in the cryptocurrency space, including their planned launch of a stablecoin. "We are increasingly concerned that the Trump family's business activities and their government actions could provoke a strong backlash, derailing positive government actions." Seiberg also pointed out concerns over the Trump administration's shift in anti-money laundering policies, such as lifting sanctions on the cryptocurrency mixer Tornado Cash and the Justice Department's reduction in prosecutions of cryptocurrency money laundering cases.

ChainCatcher news, according to the official announcement, the South Korean cryptocurrency exchange Bithumb will launch KRW trading pairs for PLUME and COW.

ChainCatcher message, Upbit will list COW on the KRW, BTC, and USDT markets, with trading expected to start on February 25 at 20:30 (Korean time).

ChainCatcher news, Hotcoin exchange is about to launch COWUSDT and CETUSUSDT perpetual contract trading.It is reported that CowSwap is a DEX aggregator with MEV protection, utilizing batch auction matching on-chain liquidity to provide better prices while optimizing Gas fees and LP costs. Cetus is a DEX and concentrated liquidity protocol focused on Move-based ecosystems such as Aptos and Sui.The COWUSDT and CETUSUSDT perpetual contracts will officially launch on Hotcoin on February 7, 2025, at 16:00 (UTC+8), supporting up to 75x leverage.

ChainCatcher news, according to The Block, investment bank TD Cowen stated that the Donald Trump administration has taken initial steps to indicate its support for the cryptocurrency industry, but meaningful regulatory clarity is still far from being realized immediately. On Thursday, Trump signed an executive order establishing a digital asset market working group, tasked with identifying and eliminating barriers to cryptocurrency innovation.The TD Cowen Washington research team noted that every president sets up committees and working groups on key issues. This is significant symbolically, as it reflects how the Trump team prioritizes cryptocurrency, but it is different from changes in rules; establishing the rules needed for the industry will take years, not weeks.

ChainCatcher news, according to The Block, the Washington research team at investment bank TD Cowen stated that while the Trump administration expressed support for the cryptocurrency industry through executive orders, this is only a "simple part."The head of the research team, Jaret Seiberg, pointed out that every president establishes committees and working groups for important issues, which symbolically shows the Trump team's level of importance placed on cryptocurrencies, but this is different from changes in regulations.He emphasized that establishing the regulatory rules needed for the industry will take "years, not weeks."

ChainCatcher news, according to The Block, investment bank TD Cowen released a research report indicating that Hester Peirce, the new head of the SEC's cryptocurrency working group, will complete her term in June 2025, which may affect the continuity of the working group. SEC acting chairman Mark Uyeda announced the establishment of the working group the day after Trump's inauguration, aiming to develop a comprehensive regulatory framework for the cryptocurrency industry.Jaret Seiberg, head of TD Cowen's Washington research group, stated that according to SEC regulations, the chairman and commissioners can be extended for up to 18 months after their term ends. Known as the "crypto mom," Peirce has long supported cryptocurrency innovation, and this working group has received support from Uyeda and Atkins.

ChainCatcher news, according to Binance market data, the COW token has surged about 10% in a short time, currently priced at $0.74, possibly influenced by the new proposal from CoW DAO.Previous news, CoW DAO has initiated proposal CIP-61 to introduce a new revenue-sharing model, which suggests implementing specific methods after the completion of the revenue model experiment.

ChainCatcher news, according to the Snapshot governance page, CoW DAO has initiated proposal CIP-61 to introduce a new revenue sharing model. This CIP proposes to implement specific methods after the completion of the revenue model experiment.The main goal is to continue sharing price improvements as the primary revenue model while retaining the option to introduce new (price improvement sharing/fees) strategies for testing. If passed smoothly, this proposal will take effect on February 1, 2025.

ChainCatcher news, investment bank TD Cowen stated that the Trump administration could bring positive changes for crypto entities working with banks, but expectations for this new regulatory environment should be "within a reasonable range." The TD Cowen Washington research team, led by Jaret Seiberg, wrote in a report that banks have a responsibility to comply with Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) rules, and to manage risks such as liquidity and concentration.Analysts stated, "Even if Trump's regulators are less concerned about the increasing connections between traditional finance and cryptocurrencies, this could lead some banks to remain cautious, which is why some banks may still view the risks as too great while others seize the opportunity. Additionally, some crypto entities may refuse any government oversight. This could limit banks' comfort in working with them." Nevertheless, Jaret Seiberg indicated that under the Trump administration, the connection between traditional finance and cryptocurrencies will be "inevitable."

ChainCatcher news, Jaret Seiberg of TD Cowen Washington Research Group stated that the resignation of Federal Reserve Vice Chair Barr "is not as much of a victory for big banks as it appears on the surface."Seiberg noted in a report on Monday: "The Democrats will retain their majority on the Federal Reserve Board until early 2026, and given the need to confirm new regulatory officials, it is hard to see significant progress on regulatory easing this year."Barr has called for regulation of stablecoins over the past year and stated that stablecoins "borrow the trust of central banks." "The Federal Reserve is very eager to ensure that any issuance of stablecoins operates within an appropriate federal prudential regulatory framework so that they do not threaten financial stability or the integrity of the payment system," Barr said at a conference in Washington, D.C. in October 2023.For years, lawmakers have been working on legislation to regulate stablecoins, but the crux of the issue lies in how to allocate regulatory authority between state and federal levels. (The Block)In news from yesterday, Federal Reserve's Barr announced that he will resign from the position of Vice Chair for Supervision on February 28, 2025. The Federal Reserve's statement indicated that Barr will continue to serve as a governor of the Federal Reserve but does not intend to engage in significant rulemaking until a successor to the vice chair position is determined. Barr stated in the announcement that the "controversy" surrounding his position could distract the Federal Reserve's focus.

ChainCatcher news, the Russian Investigative Committee stated that in Moscow, a bomb hidden on an electric scooter killed a senior Russian general responsible for nuclear protection forces.General Igor Kirillov is the commander of Russia's nuclear, biological, and chemical protection forces, and he was killed outside an apartment building on Ryazan Street, about 7 kilometers southeast of the Kremlin. The Investigative Committee stated, "Kirillov and his assistant were murdered." This incident has been registered as a criminal case.

ChainCatcher news, according to data from RootData, the CoW Protocol token (COW) has increased by 50.31% in the last 24 hours, currently priced at $0.98.According to the Web3 asset data platform RootData, CowSwap is a DEX aggregator that features MEV protection for trades. The CoW Protocol matches trades from various on-chain liquidity sources through batch auctions. It can provide users with better prices and save significant amounts of money on gas fee optimization and liquidity provider fees.

ChainCatcher news, on-chain data analyst @ai_9684xtpa posted on social media that although COW is not on the asset list of Trump's crypto project World Liberty, the recent on-chain purchases of tokens have all used Cowswap, which may have caused the price of COW to rise by nearly 93% in the past seven days.

ChainCatcher message, according to the official announcement, Coinbase International has launched the COW perpetual contract. The COW-PERP market limit, market, stop-loss, and stop-limit orders are now all available.