Gate Cryptocurrency News and Market Analysis

The world's largest stablecoin issuer, Tether, officially announced on February 21, 2026, that it will cease all support for the offshore Renminbi stablecoin CNHT (CNH₮). Starting immediately, new tokens will no longer be minted, and February 2027 has been set as the final redemption deadline. Existing holders will have a one-year transition period to convert their assets.

According to The Wall Street Journal, the Trump administration is evaluating the possibility of requiring the U.S. banking system to systematically collect customer citizenship information through executive orders or other measures. The proposal is being assessed by the U.S. Department of the Treasury and may require banks to request additional identification documents such as passports from both new and existing customers as a prerequisite for opening or maintaining bank accounts in the U.S. This move is seen as the White House's latest attempt to extend its crackdown on illegal immigration into the financial system. Details of the implementation and timeline have not yet been officially announced.

Key Takeaways February 15, 2026 is the mandatory upgrade deadline for all Pi Mainnet node operators. Nodes that fail to update will be

_Bitcoin struggles under $70K as shrinking open interest and defensive positioning reflect fading institutional appetite._ Bitcoin continues to trade below $70,000 as broader macro pressures weigh on risk assets. Recent liquidation events pushed the OG coin into a tight $64,000–$67,000 range,

The Federal Reserve is moving to enshrine a rule that would remove reputational risk as a driver of banking supervision, a shift crypto advocates say could blunt a pattern of debanking in recent years. The central bank began codifying the change last June, directing its supervisors to stop

The US cryptocurrency spot ETF market data shows that XRP and SOL each achieved single-day net inflows of $3.04 million and $3.78 million, respectively, while DOGE and LINK maintained zero net inflow/outflow. Several ETFs experienced net inflows, but overall liquidity has contracted.

Meta plans to re-enter the stablecoin market in the second half of the year with a more cautious approach, opting not to issue stablecoins themselves but to seek third-party technical support. This move reflects lessons learned from the Libra failure and adapts to the new regulatory environment. The restructuring of cryptocurrency regulation in the United States offers the possibility of compliant operations, while the social platform's inherent payment scenarios also make a closed-loop payment system feasible.

The Fed has initiated a 60-day public comment period on a proposal to eliminate "reputational risk" from bank supervision. This policy aims to ensure that supervisory decisions focus on significant financial risks rather than subjective reputational assessments, addressing concerns raised by recent cases.

JPMorgan Chase & Co. CEO Jamie Dimon said competitive lending and elevated market confidence today resemble patterns seen before the 2008 financial crisis, urging vigilance even as banks operate under stricter rules. Dimon Warns Competitive Lending Could Backfire Speaking at the bank’s annual

HanHwa Asset Management has launched the "HanHwa Dynamic Concentrated Buy-In EMP Target Conversion Fund." This fund combines ETF and short-term bond investments, aiming to reduce risk by quickly capturing market themes, with a target return of 7%. The investment strategy employs a bottom-up analysis approach to minimize risk. The fund can be subscribed to through multiple securities firms and applications, and is expected to be established on the 9th. This move may intensify market competition and offer new investment options.

Mastercard hired a "Director of Crypto Money Flows" on February 24, with responsibilities covering stablecoin-linked card issuance, DeFi payment expansion, and Web3 network protocol upgrades. Citrini Research's AI doomsday report warns that AI agents will bypass credit card transactions through stablecoins.

Circle (NYSE: CRCL), the issuer of the USDC stablecoin, announced its participation as a Gold Member in the Agentic AI Foundation (AAIF) during the Linux Foundation Member Summit on February 24, 2026. The foundation, which now comprises 146 members following the addition of 97 new organizations, aims to develop open protocols and standardized tools enabling artificial intelligence agents to operate interoperably within the digital economy, with Circle seeking to integrate its "agentic wallets" i

Recent security incidents linked to wallet software have once again highlighted a central truth of crypto ownership: self-custody comes with responsibility. Following reports tied to a browser extension issue involving Trust Wallet Hack, users across the ecosystem are reassessing how they