According to Odaily Planet Daily, Agant CEO Andrew MacKenzie stated that while the UK's crypto regulatory framework is on the right track, its progress is insufficient to support the country's ambition to become a global digital asset hub. MacKenzie believes the UK government has repeatedly pledged to position London as a global center for crypto and digital asset activity. However, legislation comprehensively covering stablecoins and broader crypto activities is expected to be approved by Parliament later this year, with formal implementation potentially not until 2027. Agant plans to issue a stablecoin called GBPA, fully backed 1:1 by the British pound. The company has already registered with the Financial Conduct Authority (FCA), indicating its intention to target institutional investors, rather than the retail cryptocurrency market. Agant has positioned GBPA as infrastructure for institutional payments, settlements, and tokenized assets. (CoinDesk)

According to Arkham's monitoring, trader @changefomo spent over $700,000 to buy VVV tokens, and his current holdings are worth nearly $1 million. His total profit on the FOMO platform has reached $430,000.

According to a report by Cointelegraph on the X platform, Odaily reports that Polygon's daily transaction fees exceed $300,000, surpassing Ethereum, based on data from Token Terminal.

Odaily Planet Daily reports that Steak 'n Shake, the American fast-food chain, announced on the X platform that it has seen a significant increase in sales due to its adoption of a BTC payment and reserve strategy. The company noted that BTC adoption has not only increased brand awareness but also attracted a large number of new customers. Steak 'n Shake has now included BTC on its balance sheet and plans to further expand the use of cryptocurrency in its business. (Coindesk)

Huoxun Finance News, February 17th - According to Jinshi, the US dollar rose slightly for the second consecutive trading day, completely ignoring market pricing in expectations of approximately three Federal Reserve rate cuts this year. Options markets show that recent bearish sentiment towards the dollar has eased, with the so-called front-end risk reversal indicator falling to its lowest negative level in nearly a month. The currency market currently still expects the Fed to cut rates by about 64 basis points before the end of the year. Some strategists believe this expectation is excessive, as three rate cuts may exceed the reasonable range supported by data, which would expose the market to the risk of a dollar rebound. Elias Haddad, global head of market strategy at Brown Brothers Harriman, said, "Expectations of Fed rate cuts seem a bit excessive, which provides room for adjustment in the short-term strength of the dollar." He pointed out that economic growth is strong and inflation has remained above the Fed's 2% target.