- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Reuters: U.S. Crypto Framework Bill Stalls in New Deadlock Due to Banking Industry's Intransigence
According to Reuters, negotiations on cryptocurrency legislation in the U.S. have hit a new impasse as the banking sector has stated it cannot support the compromise proposed by the White House. This proposal allows stablecoin issuers to offer yield products in specific scenarios such as peer-to-peer payments, but prohibits offering yields on idle holdings. Crypto companies have accepted this compromise, but banks still wish to strictly limit the scope of businesses that can offer rewards, believing that the related terms could trigger deposit outflows. Standard Chartered estimates that by the end of 2028, stablecoins could siphon off about $500 billion in deposits from the U.S. banking system.
Trump posted on the Truth Social platform that he would not allow the banking sector to "undermine our strong crypto agenda." Companies in the crypto industry, including Coinbase, Ripple, and the Blockchain Association, have participated in the negotiations. Blockchain Association CEO Summer Mersinger stated that "the path to a viable agreement is clearer than it was a month ago."
The bill also faces other challenges: it needs the support of at least seven Democratic senators, and some Democrats are calling for a ban on elected officials profiting from crypto businesses, while other lawmakers are urging the inclusion of stricter anti-money laundering provisions. The bill also needs to be reconciled with the version from the Senate Agriculture Committee and compete for scheduling in a limited Senate agenda alongside other bills such as housing policy reform. Adrian Wall, Managing Director of the Digital Sovereignty Alliance, stated that if the bill is not sent to the president for signing by July, the midterm elections will close the window for passage.
You may also like
US & Canada Crypto Tax Season 2026: Official Tax Reporting Support from WEEX × KoinX
Prepare for US & Canada crypto tax season 2026. Learn how to export your WEEX transaction history and access official reporting support through our partnership with KoinX.
Conversation between Tom Lee and "The Big Short" Author: AI has detected bubble signal, crypto correction due to gold liquidity being "siphoned off"
The true reason for Claude's ban, Kraken accessing the Federal Reserve payment system, What is the English community paying attention to?
「Buying the Dip」 of 400,000 BTC: Is $74,000 a Rebound or a Reversal?
OpenClaw, Another Batch of Middle Class Jobless
Morning News | Backpack will launch on-chain IPO subscription service; Predict.fun strategically acquires on-chain prediction platform Probable; SoFi partners with Mastercard for strategic cooperation
Inventorying the Washington power in the crypto space, who is speaking out for U.S. crypto legislation?
650 million dollars, 1.5 billion dollars, 2 billion dollars, the crypto VC landscape has changed!
Why prediction markets are the largest untapped collateral pool in DeFi
500% XAUT Staking, Zero-Fee Gold Futures and $100K Rewards: Why Traders Are Turning to WEEX for Tokenized Gold
Explore WEEX's $100,000+ gold campaign featuring 500% XAUT staking, zero-fee gold contracts, and $30,000 PAXG rewards. Trade tokenized gold today.
AI within artillery range
“The cloud” is a metaphor, but the data center isn’t.
March 4th Market Key Intelligence, How Much Did You Miss?
Taking Stock of Crypto's Washington Power Players: Who is Advocating for US Crypto Regulation?
DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins
On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.
Revenue: Expected to be between $39 million and $41 million, reaching a new company high.
Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.
Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.
Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.
In 2025, DDC's core consumer food business maintained strong operational performance.
The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.
In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.
In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.
As of December 31, 2025: The company holds 1,183 BTC.
As of February 28, 2026: Holdings increased to 2,118 BTC
Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC
DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation
DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.
The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.
Uncovering YZi Labs 229 Investment: Over 18% of the portfolio is already inactive, with an average project transparency score of 78
The business of crypto VC is becoming promising
China's AI Compute Power Counterstrike
Global Assets Plunge: Hormuz, Chips, and a South Korean Holiday
US & Canada Crypto Tax Season 2026: Official Tax Reporting Support from WEEX × KoinX
Prepare for US & Canada crypto tax season 2026. Learn how to export your WEEX transaction history and access official reporting support through our partnership with KoinX.
App