On February 14, 2026, Elon Musk confirmed X Money is in closed internal testing. An external beta is expected within 30–60 days, indicating a March–April 2026 launch. The rollout starts with P2P payments and fiat transfers, with plans to add in‑app stock and crypto trading via Smart Cashtags, supported by a Visa partnership and licenses in 40+ U.S. states.

On 14 February 2026, Patrick Witt, Executive Director of the President's Council of Advisors for Digital Assets, emerged as a key mediator in the dispute between major banks and crypto firms over stablecoin yields that is stalling the CLARITY Act of 2025. He argues that yield-bearing stablecoins are not a systemic threat, backs a narrow fix focused on "idle yield," and is pushing both sides to reach a compromise by the end of February 2026 as the midterm election window tightens.

In a newly published paper and blog post, Brave security researcher Sofía Celi and colleagues analyze the zkLogin authorization system used in the Sui blockchain ecosystem, warning that its security, privacy, and trust properties rely on assumptions not enforced by the protocol. They describe three main vulnerability classes involving JWT parsing, weak bindings between authentication and authorization, and dependence on centralized identity and proving services. The team says these issues arise from architectural design choices and recommends stricter token validation, stronger issuer and user bindings, and improved consent when forwarding tokens to external services.

Virginia has advanced a bill to regulate cryptocurrency ATM kiosks statewide, with approval from both the Senate and House and delivery to the governor’s desk. The measure sets operator rules, daily and monthly transaction limits, a 48-hour hold for new users, ID checks, fee caps, and clear fraud warnings, and bars marketing the machines as ATMs. Delegate Michelle Maldonado cites scams, including losses of $15,000 and up to $250,000.

On February 13, 2026, the Digital Chamber published a principles framework on stablecoin yields, warning that Section 404 in a Senate draft would bar rewards for merely holding payment tokens unless specific exemptions are preserved. As White House-facilitated talks stalled, the group backed disclosures and compliance controls while favoring transaction-linked incentives over passive payouts.

In an update dated February 14, 2026, Figure Technology said a social engineering scam enabled unauthorized access to a limited set of company files, while ShinyHunters claimed it leaked 2.5GB after demands were not met. In a separate case, Step Finance reported compromised treasury wallets; on-chain data showed 261,854 SOL moved, and CertiK estimated the value at nearly $29 million.

Anchorage Digital, Kamino and Solana Company have launched a tri-party custody venture designed to let institutions borrow onchain on Solana while keeping assets at Anchorage Digital Bank. The model allows natively staked SOL to serve as collateral under qualified custody, with Kamino managing lending markets and Anchorage's Atlas platform overseeing risk controls. Anchorage Digital is also seeking between $200 million and $400 million in new funding as it prepares for a potential IPO next year.

White House crypto adviser Patrick Witt said banks should not view stablecoin yield offerings as a threat and urged compromise between lenders and crypto platforms. He argued the debate has delayed the CLARITY market structure bill, which defines SEC/CFTC roles, and warned lawmakers face a narrowing window ahead of the 2026 US midterms.