ChainCatcher news, according to Fox Business reporter Eleanor Terrett, the proceedings in the Ripple case are more complex compared to Coinbase. The reason is that Judge Torres has issued a $125 million fine at the district court level and will retain jurisdiction over the case until August 7, 2025.Even if the SEC chooses to withdraw its appeal in the Second Circuit, it will still need to reach a new agreement with the district court regarding the fine ruling and obtain Judge Torres's approval. A legal expert told Terrett that we are currently in "uncharted territory," and there is significant uncertainty regarding future developments.

ChainCatcher news, Fox Business reporter Eleanor Terrett posted on the X platform that legal professionals she spoke with believe that the U.S. Securities and Exchange Commission is attempting to reach a settlement with crypto companies rather than directly dismissing related lawsuits, in order to "justify" spending millions of taxpayers' money and regain some face.Additionally, SEC commissioners Hester Peirce and Mark Uyeda did inform Coinbase that they were sorry for the inconvenience, which is a real blow to the enforcement regime of the SEC under Gensler and the Biden administration.

ChainCatcher news, according to a tweet by Fox Business reporter Eleanor Terrett, sources revealed that the U.S. SEC is very interested in "staking" and has even requested the industry to provide a memorandum detailing the different types of staking and their benefits.The source expects that the U.S. SEC will issue some form of guidance regarding staking in the near future, as it is a topic they are keen on.

ChainCatcher news, according to official sources, Trump and Musk will have an exclusive joint interview on Fox News, which is expected to air on February 19 at 10 AM Beijing time. This interview will be broadcast exclusively on the Fox News channel.

ChainCatcher news, FOX Business reporter Eleanor Terrett posted on X: "Insiders reveal that as digital assets become a top priority for regulators, the SEC and CFTC are currently discussing how to effectively collaborate on cryptocurrency regulation.One idea is to reinstate the charter of the CFTC-SEC Joint Advisory Committee, which was established in 2010 to provide a platform for discussing emerging regulatory issues affecting both agencies. The committee has been inactive since 2014.The CFTC acting chair last year called for reform of the advisory committee, stating that it is a strong signal of a new collaborative and cooperative regulatory approach to digital assets in the U.S."

ChainCatcher news, Fox Business reporter Eleanor Terrett posted on the X platform that, according to a very useful table provided by Bloomberg ETF analysts James Seyffart and Eric Balchunas, we can see that if the U.S. Securities and Exchange Commission (SEC) indeed chooses to acknowledge/approve it, it might recognize Grayscale's submitted XRP spot ETF application as early as Thursday (February 13).The SEC typically has about 15 days to approve a 19b-4 application, and Grayscale submitted its conversion application on January 30. In any case, this should give us a good understanding of the current perspective of the SEC on XRP.

ChainCatcher news, FOX reporter Eleanor Terrett posted on social media, "The Federal Reserve's narrative on Crypto is changing. In two speeches last Friday, Republican Federal Reserve governors Michelle Bowman and Christopher Waller expressed a more open attitude towards digital assets and their future in the financial system. Their remarks are noteworthy because:Trump may choose one of them to replace Michael Barr as the next Vice Chair for Supervision (responsible for overseeing regulation and the Federal Reserve's interaction with banks and cryptocurrencies);They represent a shift in tone and attitude, as they had previously voted to make it more difficult for banks to engage in cryptocurrency policies. Both also voted against the application for custodial banks to become members of the Federal Reserve."

ChainCatcher news, according to the Global Times, U.S. President Trump will travel to New Orleans to watch the 59th Super Bowl of the National Football League. He will become the first sitting president to attend the Super Bowl in person. Trump also plans to be interviewed by Fox News host Bret Baier, which is part of the pre-Super Bowl network program.The Associated Press reports that Trump has not indicated which team he supports. On February 4, Trump declined to answer reporters' questions about predicting the winner of the game at the White House.

ChainCatcher news, according to Jinshi, U.S. President Trump stated that he will be interviewed by Fox News anchor Bret Baier at 3 PM Eastern Time (4 AM Beijing Time the next day) before the Super Bowl.

ChainCatcher news, according to Fox reporter Eleanor Terrett, Republican members of the U.S. House Financial Services Committee announced the witness list for next Tuesday's hearing, titled "The Golden Age of Digital Assets: Charting a Path Forward."Participants:Jonathan Jachym, Vice President and Global Head of Policy and Government Affairs at KrakenJi Kim, President and Acting CEO of the Crypto Innovation CouncilCoy Garrison, Partner at Steptoe LLP and former SEC advisorJose Fernandez da Ponte, Senior Vice President and General Manager of Blockchain, Cryptocurrency, and Digital Currency at PayPal

ChainCatcher news, FOX reporter Eleanor Terrett stated that tomorrow is expected to be a busy day for cryptocurrency policy-making in the U.S. Congress.

ChainCatcher news, according to Fox reporter Eleanor Terrett, Senator Cynthia Lummis has officially become the chair of the Senate Banking Committee's Digital Assets Subcommittee. Other members of the subcommittee include Thom Tillis, Bill Hagerty, Bernie Moreno, Dave McCormick, Ruben Gallego (senior member), Mark Warner, Chris Van Hollen, and Tina Smith.

ChainCatcher news, U.S. President Trump stated that he will appear on Fox News with host Sean Hannity tonight at 9 PM Eastern Time (10 AM Beijing Time).

ChainCatcher news, FOX Business reporter Eleanor Terrett posted on X: "In addition to signing an executive order to establish a cryptocurrency committee, cryptocurrency policy leaders also expect Trump to sign an executive order banning the creation of CBDCs. It is unclear when these executive orders will be specifically signed."

ChainCatcher news, Fox Business reporter Eleanor Terrett posted on X that the Solana ETF had previously been in contact with SEC staff, but its 19b-4 application was subsequently rejected. As Gary Gensler will step down in three business days, the market is focused on the future developments and timelines of LTC, XRP, and SOL ETFs.

ChainCatcher message, regarding the SEC's lawsuit against Musk for alleged securities violations, Fox Business reporter Charles Gasparino stated that sources close to the SEC revealed this is a middle finger raised by the Democratic majority, not only against Musk but also against Trump and his SEC chairman nominee, Paul Atkins, openly attempting to create a divide between the enforcement agency and the White House over a relatively minor violation. For Musk, this violation could be resolved with a small check, and he neither confirms nor denies reaching a settlement. But the underlying intent is that Gensler is trying to undermine Trump.Gasparino stated that the SEC had known almost everything about Musk's acquisition of Twitter two years ago; why wait to make it public before Trump's inauguration? Now the case has devolved into a political topic. (Jin Shi)

ChainCatcher news, according to Fox Business reporter Eleanor Terrett's post on the X platform, the U.S. Senate Banking Committee, led by Senator Tim Scott, will establish its first subcommittee dedicated to cryptocurrency. This subcommittee will be modeled after the Republican Financial Services Subcommittee established by Patrick McHenry in 2023.Senate aides have confirmed that Senator Cynthia Lummis has been preliminarily selected as the chair of the subcommittee, pending a vote by the full committee. It is reported that the vote to approve Cynthia Lummis and the new Republican and Democratic members (still under consideration) may take place next Thursday, during which a nomination hearing for Trump-nominated Housing and Urban Development Secretary Scott Turner will also be held.

ChainCatcher news, according to Cointelegraph, OKX has issued a warning to users that a fraudulent OKX browser extension has appeared in the Firefox browser plugin store. The extension integrates third-party features within the web browser interface.According to OKX, the company has not released any Firefox browser plugins and advises users who mistakenly downloaded the plugin to transfer any funds from wallets associated with the fraudulent extension.OKX has contacted Firefox to remove these applications and reminds users to never download OKX-specific software from third parties.

ChainCatcher news, according to Fox News, the elected President Trump will hold a rally in Washington on the eve of the inauguration. (Jin Ten)