Odaily Planet Daily reports that CFTC Chairman Mike Selig stated during an event in Washington that the agency is working to allow truly professional perpetual contracts to operate within the United States within the next month, and is expected to release a related announcement soon. Mike Selig pointed out that previous regulatory policies have led to a large amount of companies and liquidity moving overseas. Additionally, the CFTC and SEC are advancing several digital asset policies through the Project Crypto initiative, including providing clear guidance for DeFi developers and establishing clear standards for prediction markets. SEC Chairman Paul Atkins also noted that while regulators are pushing for innovation exemptions to allow industry experimentation, legislative certainty from Congress is still needed. Currently, legislation in the U.S. Senate regarding transparency in the digital asset market is still under negotiation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Raoul Pal: Global liquidity and BTC correlation reach 90%, and the market is in a historically oversold state
Raoul Pal stated on March 8th that global liquidity is a key macro factor, highly correlated with BTC and NDX since 2012, with an annual growth of about 10%. He pointed out that liquidity remains loose and predicted that the US will further cut interest rates to stimulate disposable income. The crypto market is currently oversold, and the next two weeks will be a critical period to watch.
GateNews1h ago
U.S. financial regulators bypass Basel Accords to promote the development of tokenized securities, with several major financial institutions launching pilot programs
The U.S. financial regulatory agencies led by Trump are bypassing the Basel Accords to promote the development of tokenized securities, believing that technology-neutral regulatory strategies should be provided. Several financial institutions have taken this opportunity to initiate related pilot projects.
GateNews2h ago
South African Economist Flags Authoritarian Risks in CBDCs
Economist Dawie Roodt has issued a warning that central bank digital currencies could become tools for authoritarian control due to their “programmable” nature.
The Authoritarian Risk
South African economist Dawie Roodt warned that central bank digital currencies, or CBDCs, could become
Coinpedia5h ago
The Wall Street Journal: International situation and employment data put the Federal Reserve in a dilemma, and it may remain on the sidelines in the short term
The Wall Street Journal reporter Timiraos analyzed that recent employment reports have intensified the Federal Reserve's dilemma between combating inflation and protecting jobs. Minneapolis Fed President Kashkari warned against repeating the mistakes of 2021, predicting that the Fed will not rush to adjust interest rates in the short term. If the unemployment rate rises, rate cuts may resume around mid-year, but if inflation risks increase, internal opposition voices will grow. Overall, the central bank faces a difficult choice.
GateNews8h ago
U.S. CLARITY Act Sparks Controversy: White House Crypto Official and Banking Industry Clash Over Stablecoin Incentives
On March 8th, the discussion of the U.S. CLARITY Act sparked debates between the banking industry and White House officials. The president of the Texas Independent Bankers Association stated that a compromise would impact the local economy, while White House advisors warned that no compromise could lead to disastrous consequences.
GateNews10h ago
CME Data: Probability of the Federal Reserve holding interest rates steady in March rises to 96.3%
Gate News Report, March 7 — According to CME "FedWatch" data, the probability of the Federal Reserve maintaining interest rates in March is 96.3%, while the probability of a 25 basis point rate cut is 3.7%.
GateNews18h ago
