KLEA Crypto Daily: Monday, February 09, 2026

Published: February 10, 2026 – 00:03 UTC

Here’s a look back at the key stories from February 09, 2026.

Jump Trading to Acquire Stakes in Kalshi and Polymarket for Liquidity Provision

Market maker Jump Trading is set to acquire minority stakes in Kalshi Inc. and Polymarket by providing liquidity to prediction market platforms. This move allows Jump to enter the prediction market space and expand beyond traditional asset classes.

Sources Say Backpack in Talks to Raise Funds at $1 Billion Valuation

Backpack Exchange, a centralized cryptocurrency exchange, is reportedly negotiating a new funding round at a pre-money valuation of $1 billion. The exchange, founded by former FTX and Alameda executives, is planning to raise $50 million, with the potential for a larger funding round.

Polymarket Sues Massachusetts, Claims States Can't Regulate Prediction Markets

Polymarket has taken legal action against Massachusetts in federal court, contending that states do not possess the authority to regulate CFTC-approved prediction markets. This move underscores Polymarket's stance on federal oversight of event-based prediction markets, as reported by Cointelegraph.

Brazil Advances with New Social Media Restrictions for Minors

Brazil is moving forward with new social media restrictions for minors to address concerns about the impact of these platforms on mental health and privacy. This initiative aligns with global efforts to create safer online environments for young users.

YouTube Star MrBeast Just Bought a Banking App—Will It Offer Crypto?

YouTube sensation MrBeast's company acquired fintech startup Step, raising questions about potential crypto offerings following a crypto trademark application. This move marks an interesting development in the intersection of social media influencers and financial technology.

Forex Brokers That Accept Crypto Deposits and Withdrawals

Exness leads as the top crypto-friendly forex broker in 2026, offering zero internal fees, instant processing for BTC/ETH/USDT, and high leverage up to 1:2000 under strong regulatory oversight from the FCA and CySEC. Tickmill, XM, Pepperstone, and Deriv also stand out for their crypto offerings, reshaping the forex market.

RWA Tokenisation in the UAE: What Asset Owners and Issuers Need to Know in 2026

Real-world asset (RWA) tokenisation has shifted from a conceptual framework to a practical exercise in structure, governance, and regulatory recognition, particularly visible in the UAE. This evolution marks a transition from innovation labs to boardroom discussions, reflecting a significant advancement in asset digitisation.

Russia and U.S. Fail to Reach Agreement on New Strategic Arms Reduction Treaty

Russia and the United States have not reached an agreement on negotiating a new strategic arms reduction treaty, leaving the two countries without a bilateral arms control agreement following the expiration of the New Strategic Arms Reduction Treaty.

Alphabet’s Bond Sale Draws Over $100 Billion in Orders

Alphabet has received over $100 billion in orders for its anticipated bond sale, showcasing investor confidence in the tech giant's financial stability and growth prospects amid favorable market conditions.

China Bans Most Yuan Stablecoins — But Leaves a Tiny Loophole

The Chinese government's decision to ban most yuan-pegged stablecoins and real-world assets is expected to have a significant impact on the global cryptocurrency industry, cutting off overseas issuance channels linked to China. This move contrasts with stablecoin and tokenization drives in regions like the EU, the UK, Japan, and the US.

South Korea Tightens Crypto Oversight After High-Profile Exchange Incidents

Financial regulators in South Korea are implementing enhanced oversight rules for the country's cryptocurrency sector following recent high-profile exchange failures and manipulation scandals. The new regulations aim to improve market integrity, investor protection, and systemic risk management in the crypto industry, reflecting a broader global trend towards reducing fraud and enhancing transparency.

Bernstein Discusses Bitcoin’s Weakest Bear Market Yet – “Nothing Broke”

Bernstein analysts believe that Bitcoin's current downturn is the weakest bear market scenario in its history, attributing it to a crisis of confidence rather than structural damage. They maintain a price target of $150,000 for Bitcoin by the end of 2026, emphasizing the resilience of the cryptocurrency ecosystem.

Discord Announces Phased Global Rollout Requiring Age Verification for Sensitive Content

Discord has revealed plans for a phased global rollout in early March, where users may need to undergo an age-verification process to access certain settings or sensitive content. This move aims to enhance user safety and compliance within the platform.

Bitcoin Recovers $70,000 Levels After Multi-Billion Dollar Crash

Bitcoin has stabilized around $68K-$71K following a recent flash crash, while other major tokens continue to experience losses. The crypto market remains volatile after the significant drop.

Japan’s Prime Minister Wins Supermajority, Paving Way for Crypto Reforms

Japan's crypto-friendly Prime Minister securing a supermajority in the lower house sets the stage for significant cryptocurrency reforms, including tax reductions and the introduction of crypto ETFs, leading to a surge in the stock market and BTC/JPY exchange rate.

Nordic Power Prices Reach New High Amid Cold Snap and Low Wind Levels

Nordic power prices have surged to their highest level since late 2022 due to a severe cold snap and low wind levels, intensifying pressure on the energy market and highlighting challenges in balancing supply and demand.

Trump Family-Affiliated World Liberty Financial Generated $1.4 Billion In 16 Months

World Liberty Financial (CRYPTO: WLFI) has generated over $1.4 billion for the Trump and Witkoff families since November 2024, surpassing the earnings of Donald Trump's real estate empire. The company's disclosures reveal significant profits flowing to the Trump and Witkoff entities, with President Trump owning a majority stake.

Source: KLEA News