Daily Market Wrap | Feb. 13

Daily Market Wrap | Feb. 13

Hot Topics

  • Agant registers with the U.K. FCA under anti-money laundering rules, clearing the path for launching its fully backed GBP stablecoin GBPA targeted at institutional payments and tokenized assets.
  • U.S. CFTC appoints 35 members to its new Innovation Advisory Committee, including Coinbase CEO Brian Armstrong and Ripple CEO Brad Garlinghouse, to advise on crypto and financial innovation.
  • Bitcoin tumbled toward $65,000–$66,000, nearing last week's lows, as AI fears drove a tech sector sell-off (Nasdaq -2%, software ETF -3%) and triggered sharp plunges in precious metals (gold -3%, silver -10%).

Market Updates

  • Aave Labs proposes the "Aave Will Win" framework to redirect 100% of revenue from Aave-branded products to the Aave DAO treasury.

Policy and Regulation

Stablecoins

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