PANews

Original Title: "Who is at the CFTC Table? A Reallocation of the United States' Innovation Financial Discourse Power"
Byline: KarenZ, Foresight News
On February 12, 2026, the U.S. Commodity Futures Trading Commission (CFTC) officially issued Notice No. 9182-26, announcing the list of members for the Innovation Advisory Committee (IAC).
If you think this is just a routine list of external advisors for a regulatory agency, you're completely mistaken.
This list, which includes traditional financial giants, leading platforms in the crypto industry, DeFi infrastructure providers, top venture capital firms, and academic representatives, is not merely a simple industry advisory group. Instead, it is a key step in the implementation of the CFTC's innovative financial market regulation collaboration framework based on the Federal Advisory Committee Act.

Top News Preview:
60,000 Bitcoins in Qian Zhimin Money Laundering Case Asset Disposal Faces Deadlock; Hearing Scheduled for February 16;
Flying Tulip to Launch Public Sale on February 16;
21shares to Distribute Staking Rewards to Solana ETF Holders on February 17;
Trump Family’s Crypto Project WLFI to Hold the First "World Liberty Forum" at Mar-a-Lago on February 18;
U.S. Supreme Court to Issue Ruling on Tariffs on February 20;
LayerZero (ZRO) to Unlock Approximately 25.71 Million Tokens at 7 PM Beijing Time on February 20, About 5.98% of Circulating Supply, Valued at Around $49.1 Million;
February 16
Policy and Regulation:
Caixin: 60,000 Bitcoins in Qian Zhimin Money Laundering Case Asset Disposal Faces Deadlock

On February 11, 2026, at the Hong Kong Convention and Exhibition Centre, under the spotlight of the Consensus conference, Hong Kong Securities and Futures Commission (SFC) CEO Julia Leung and the Executive Director of the Intermediaries Division, Ye Chih-hang, took the stage one after another. They announced a package of new regulations that sent a deep water bomb into the digital asset market—licensed virtual asset brokers can now provide financing services to securities margin clients, perpetual contracts received their first regulatory framework, and platform affiliates are allowed to act as market makers.
This is the most significant regulatory move by the Hong Kong SFC in the digital asset field since the release of the ASPIRe roadmap in February 2025. But compared to the surface-level headline of "Hong Kong finally loosening crypto leverage," a more important question to ask is: why now? Why are collateral assets limited to Bitcoin and Ethereum? Why is the margin reduction rate set at 60%?
Answers to these questions point to a deeper proposition: the Hong Kong SFC is treating the virtual asset market as a digital asset monitor.

Stablecoins are gradually becoming the mainstream of digital payments, offering advantages of low cost and fast settlement. As a monetary software, the boundary between stablecoins and the US dollar is blurred, facilitating global transactions. Clarification of policies has driven the adoption of stablecoins, enhanced the global status of the US dollar, and reshaped the financial landscape.

If you were stranded on a deserted island, would having a trillion dollars in your bank account be useful? The answer is that a bowl of hot soup is more useful than those numbers!
Elon Musk said in an interview that many people think that the economy = money, but they are completely wrong. Money is just a "database" used to record and exchange goods and services; it has no inherent power.
Even if you own all the Bitcoin in the world, you would still starve on a deserted island. What can truly save your life is always that bowl of hot soup, that piece of clothing. Real economy is tangible goods and services, not the numbers bouncing in your account. Money is just a tool, not the goal.

The author shared their experience of their Twitter account being locked due to a setup error, along with the subsequent solution and reflection. The author emphasizes the importance of being cautious during operations, understanding platform rules, and avoiding major losses caused by minor mistakes. Additionally, they highlight the importance of paying attention to freedom, health, and the use of tools to better respond in times of crisis.

Author: Jianwei Zhizhuo Miscellaneous Talks
I listened to a blog post tonight, very interesting. Especially the alternative mineral investment model. The essence of investing in minerals, that is, the stage where minerals really make big money, is after production when metal prices rise. Therefore, from a cycle perspective, initial projects before going public are unlikely to attract funds (risks include cycle, liquidity, exit timing).
However, in another model, the risks of the mineral cycle are separated through financial instruments. Many places are exploring this, including the mineral investment via concession rights mentioned in this article. Currently, overseas markets are doing this more extensively.
The host of this dialogue, Rob Tyson, is the founder and director of Mining International and Mining International Executive, a leading global mining recruitment and headhunting firm.
And the guest, Jeremy Gray,

The article discusses the fundamental difference between the credit system and the algorithmic trust system in the AI Agent Economy. The credit system relies on human laws and reputation, while algorithmic trust is based on mathematics and code. The author believes that as AI develops, the trading entities will gradually shift, and algorithmic trust will become increasingly important. However, the credit system still applies to high-uncertainty scenarios and long-term trust relationships. The future trust structure should be a layered architecture that combines the advantages of both, with standard definitions shaping the control of the ecosystem.

Author: Professor Suo
Sneaking off to Hong Kong for a night
Nothing special, just went to HK alone to see what’s different about this year's Consensys. Watching the excitement is their thing; we didn’t participate at all.
Many agency events, with KOLs wearing multiple hats
I looked into quite a few events, especially noticing that many are organized by agencies for the projects.
I also heard that even in this market condition, several agencies are still making a killing.
1. Heard about a few projects with a market cap of $1B, where some agencies can get 0.5-1% token dividends;
2. Heard that some agencies, how much they earn is hard to say, but at least they’ve entered the international market and are setting up global offices;
3. Some agencies are not satisfied with just being agencies and are starting to get involved in project affairs, including but not limited to acting as “advisors”;
4.

Author: SOL Who Can't Understand
After losing 20 million, I finally understand that the key to investing in A-shares is to sell at the top, and to buy the bottom in U.S. stocks. When investing in A-shares, the most important thing is to sell at the top; when investing in U.S. stocks, the most important thing is to buy at the bottom.
Selling at the top in A-shares, especially at the peak, is the easiest but also the most difficult. The reason it's considered easy is that the top of A-shares is a typical bustling peak, and in hindsight, it's almost as if the words "big top" are written on the candlestick chart.
The difficulty lies in the fact that A-shares can only make money through long positions, and since the stock market generally rises over the long term, selling at the top is akin to locking in gains. It doesn't generate profit by itself, and human nature is greedy.
In comparison, the most important thing in U.S. stocks is to buy at the bottom. Looking at the market over the past 20 years, buying on dips is the most crucial investment rule.
In other words, if you've already invested money, just hold it steadily; the key question is when new money should buy at the bottom. When investing in U.S. stocks, the easiest and most difficult part is also buying at the bottom.
The reason it's considered easy is that the U.S. stock market

This article discusses the opportunity cost investors miss due to cautious waiting for confirmation information in prediction markets, referred to as the "confirmation tax." By analyzing on-chain data from various news events, the conclusion is drawn that during sudden events, the most information advantage can be gained within the first 10 minutes, and the remaining profit potential decreases exponentially with time delay. The author recommends traders quickly adjust their strategies based on the type of event to increase the likelihood of capturing excess returns.