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
Swiss National Bank Maintains Dovish Stance in March 2025 in Response to Moderate Inflation Environment
Gate News has reported that on March 19, according to BitcoinWorld, in March 2025, the Swiss National Bank (SNB) continues to maintain a dovish monetary policy stance to address the current moderate inflation environment. The Swiss National Bank is Switzerland's central bank, responsible for formulating the country's monetary policy.
GateNews13m ago
Gold Falls Below $4,600 as U.S. Treasury Yields Rise and Fed Rate Cut Expectations Delayed
Gold prices dropped below $4,600 due to rising U.S. Treasury yields and postponed Federal Reserve rate cuts, leading to decreased demand for gold as a non-yielding asset amidst market concerns.
GateNews22m ago
Gold price falls below $4,600 as rising US Treasury yields and delayed Fed rate cut expectations exert pressure
Gate News reports that as of March 19, gold prices have recently broken below the $4,600 mark. Market analysts believe that the surge in U.S. Treasury yields (a metric measuring bond investment returns) and the Federal Reserve's (the U.S. central bank) delayed interest rate cut expectations are the primary factors pressuring precious metals prices.
GateNews37m ago
South Korea's Central Bank Conducts Large-Scale Digital Won Testing, Plans to Launch AI-Driven Payment System in 2026
Gate News reports that on March 19, the Bank of Korea is conducting large-scale testing of the Digital Won and plans to launch an AI-powered payment system by 2026. This test is an important development in the Bank of Korea's Central Bank Digital Currency (CBDC) project, aimed at exploring the application of digital currency in real-world payment scenarios.
GateNews42m ago
Cryptocurrency Market Sinks as Trades discount Fed rate cuts
Rising oil prices due to the US-Iran conflict are heightening inflation concerns, affecting investor behavior and prompting risk aversion in markets, especially cryptocurrencies. Policymakers remain cautious, suggesting potential delays in rate cuts amid worsening inflation forecasts from the IMF.
CryptoBreaking1h ago
2013 Dormant Whale Offloads 3,500 BTC Worth $442 Million, BTC Price Under Pressure
On March 19, a Bitcoin whale sold 3,500 BTC, triggering bearish market sentiment. A total of 44,459 BTC flowed into exchanges that day. Bitcoin's price was around $69,500, with analysts predicting a potential test of the $64,000 support level. Capital is also shifting toward new infrastructure projects.
GateNews2h ago
