[1/3] [Crypto/TradFi News Combined Report] 2026-02-13 08:00 (Beijing Time) ━━ Important News ━━ 1. SEC and CFTC focus on "prediction market" regulation: acknowledging potential jurisdictional overlap, rules may follow suit. SEC Chairman Paul Atkins stated at a Senate hearing that prediction markets are a "huge problem" and pointed out potential jurisdictional overlap between the SEC and CFTC; whether more explicit rules will be issued remains to be seen, but he emphasized that "securities are securities," and their attributes depend on the product's description. CFTC Chairman Michael Selig stated that he will promote reasonable rules and protective measures to prevent the outflow of business overseas. (PANews | The Block | Decrypt) 2. The CFTC establishes a 35-member Innovation Advisory Committee covering AI, blockchain, and other areas, with members including several leading crypto organizations. The CFTC announced the establishment of a 35-member Innovation Advisory Committee to advise on the role of groundbreaking technologies such as AI and blockchain in financial markets and to assist in the development of regulatory frameworks; reports mention that members include Coinbase, Polymarket, Ripple, Kraken, Gemini, Chainlink Labs, Robinhood, and others. (PANews | The Block | Cointelegraph) 3. Coinbase 2025 Q4/Full Year Financial Report: Q4 revenue was approximately $1.8 billion, but a net loss of $667 million was recorded; full-year transaction volume was $5.2 trillion. Coinbase reported total revenue of approximately $1.8 billion and trading revenue of $983 million for Q4 2025, with a net loss of $667 million (adjusted EPS of $0.66 and adjusted EBITDA of $566 million). The company stated that its total trading volume for the year reached $5.2 trillion (up 156% year-over-year), subscription and service revenue was approximately $2.8 billion (up 23%), Coinbase One paid subscribers approached 1 million, and the company is pushing forward with its "Everything Exchange" (derivatives, stablecoin payments, etc.). There are also reports that the company increased its BTC holdings by approximately $39 million in Q4. (PANews| The Block | Decrypt | WatcherGuru) 4. Coinbase has fixed the transaction/transfer issue: COIN's intraday drop once widened to 7.66%. Coinbase.com There was a temporary issue where some users were unable to buy, sell, or transfer funds. The official statement indicated that the funds were safe and the issue had been resolved. During the incident, COIN's stock price once fell by as much as 7.66% during trading. (PANews | BlockBeats) 5. Aave Labs Proposal Framework: V4 will become the core architecture; 100% of Aave brand product revenue will be turned over to the DAO; and a one-year funding application will be submitted. Aave Labs proposed confirming Aave V4 as the future core architecture; 100% of revenue generated from Aave-branded products is intended to be deposited into the Aave DAO treasury; they also requested one year of funding support (US$25 million in stablecoins + 75,000 AAVE), and proposed a brand protection plan whereby the foundation would hold/manage trademarks and other assets. The community is divided on the funding requests. (The Block | BlockBeats | Cointelegraph) 6. Israel Indicts/Arrests Suspects: Allegedly Using IDF Secrets to Bet on Military Operations on the Polymarket. Israel has indicted an IDF reservist and a civilian (and reports also indicate multiple arrests) for allegedly using military secrets to bet on military-related events on the Polymarket; the investigation involves the Ministry of Defense, Shin Bet, and the police, and the case has entered criminal proceedings. (The Times of Israel | Decrypt) 7. The US IRS is advancing tax reporting for digital assets: detailed rules such as 1099-DA are being implemented in quick succession. The IRS is promoting the standardization of tax reporting for digital assets, with detailed rules such as Form 1099-DA covering exemptions for small transactions and differentiated (optional) reporting mechanisms for stablecoins and NFTs, moving tax compliance from vague to more refined. (PANews) 8. US Crypto Legislation Window Narrows: Trump's Stance and Stablecoin Yields Become Key Variables. Reports indicate that the window for advancing crypto-related legislation by 2026 is narrowing, and the legislative prospects may depend on the interplay between Trump's stance and controversial issues such as stablecoin yields. (The Block) Market Analysis 1. Weakening macro risk sentiment: Gold and silver prices plummeted, and US stocks continued their pullback.