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According to ChainCatcher, citing a report from Golden Ten Data, CITIC Securities' research report indicates that it is expected there will be no further interest rate cuts during Powell's term. The institution believes that after Waller becomes the Federal Reserve Chairman, the baseline scenario for the second half of the year will be 1 to 2 rate cuts, each by 25 basis points. Waller will not make significant rate cuts as requested by Trump, and will still base decisions mainly on economic fundamentals while paying attention to inflation risks, but he is not considered an absolute hawk.

Gelonghui, February 12｜The South Korean Kospi index once rose by 1.4%, marking its fourth consecutive trading day of gains. Chip giants led the rally, following the overnight surge in Micron Technology.

PANews, February 12 – According to CoinDesk, Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), was questioned at a House Financial Services Committee hearing regarding the "relaxation of cryptocurrency regulation," including the SEC's withdrawal of enforcement actions against Justin Sun, founder of the Tron Foundation, and other crypto-related cases. Democratic Representative Maxine Waters pointed out that since the Trump administration changed leadership last year, the SEC has abandoned almost all previous enforcement actions against the crypto industry, including the 2023 charges against Justin Sun and his companies involving alleged TRX token price manipulation. Waters also mentioned Justin Sun's recent ties with the Trump family's World Liberty Financial Inc. and questioned whether the SEC's enforcement decisions were influenced by political connections. Atkins stated that he could not discuss individual cases but was willing to provide confidential briefings to lawmakers "within the limits allowed by the rules." When asked whether the SEC had ever protected investors at the expense of Trump's business interests, Atkins responded that he "could not comment on the actions of the Trump family." Meanwhile, Republican lawmakers focused on Atkins' commitment to advancing regulatory rules for the crypto industry. Atkins stated that the SEC is working with the Commodity Futures Trading Commission (CFTC) to develop rules that clarify regulatory boundaries under the CLARITY Act framework. The CFTC recently revised its "no-action letters" to clarify that national trust banks may issue payment stablecoins and serve as qualified tokenized collateral. In addition, the National Credit Union Administration on the same day released a draft rule for institutions applying to become stablecoin issuers, marking the first regulatory step in implementing the GENIUS Act.