A crypto firm secured regulatory approval in the UK, expanding its footprint. The development comes amid a broader industry push for legitimacy across major markets.

The White House is holding its second stablecoin yields meeting at 7:30 p.m. UTC on Feb. 10, 2025, crypto journalist Eleanor Terrett reports citing two sources. Attendees include Goldman Sachs, JPMorgan Chase, Bank of America, Coinbase, a16z and the Blockchain Association.

The White House will convene banking and crypto industry executives at 2:30 PM ET to discuss stablecoin yield issues, MSB Intel reports. The session was described as high-stakes.

Sam Bankman-Fried has filed for a new trial on FTX fraud charges, arguing that new witness testimony could undermine key elements of the prosecution's case, Bloomberg reports. The motion centers on claims that additional witness evidence may challenge prosecutors' arguments presented in the existing proceedings.

Sam Bankman-Fried filed a motion seeking a retrial in the fraud case related to FTX. The filing requests a new court proceeding on charges stemming from the collapse of the cryptocurrency exchange.

The White House scheduled a second round of talks on stablecoin yields for 2:30 PM ET today. The meeting will include banks and crypto firms, following an earlier discussion on the topic.

Japan's Prime Minister Sanae Takaichi is viewed as neither strongly pro- nor anti-crypto following the Liberal Democratic Party's two-thirds supermajority in a snap lower house election she called in January, DL News and CoinPost report. Under LDP-led policy work that began during Fumio Kishida's 2021–2024 premiership and continued under Shigeru Ishiba and now Takaichi, Japan is pursuing tax reforms that would introduce a flat 20% capital gains tax on crypto profits from 2028 and allow loss carryforwards, replacing current rules where high earners can pay up to 55% on crypto income. Industry players welcomed the LDP landslide, as web3 taskforces continue to push for reclassifying Bitcoin and major altcoins as financial investment products and for easing exchange regulations, while Finance Minister Satsuki Katayama said in January that crypto and web3 were at a "turning point" and flagged a tax law reform submission planned for spring 2026. Shares of crypto-linked firms such as SBI Holdings and Monex Group have climbed over the past five days, while listed digital asset treasuries including Metaplanet and Remixpoint have declined, and analysts cited by Nikkei and CoinPost said LDP victories typically draw foreign capital into Japanese stocks and could, if tax cuts weaken the yen and lift bond yields, support risk assets like crypto and equities.

Treasury Secretary Scott Bessent called for passage of Bitcoin and crypto market structure legislation, referred to as the "Clarity Act," this spring. Bessent said "we NEED to get this Clarity Act done" and expressed optimism about its approval.