Regulation & Policy

As prediction market platforms gain attention in US elections and geopolitical events, there are concerns that contract design could lead to artificially manipulated outcomes, damaging market credibility. Political event markets are particularly vulnerable to influence, and it's recommended to establish standards to prevent manipulation by single participants.

South Korean President nominates Shin Hung-song, head of the Monetary and Economic Department at the Bank for International Settlements, as the next governor of the Bank of Korea. He has previously expressed concerns about Korean won stablecoins, believing they could lead to capital outflows and affect financial stability. The public is watching to see if his stance on stablecoins will change after he takes office.

The Senate and White House reached a consensus on stablecoin yields, easing tensions between crypto firms and banks. However, unresolved issues remain, with industry leaders urging swift legislative action ahead of elections.

Brazil has postponed its crypto tax consultation to 2027 due to election pressures, despite implementing a 17.5% capital gains tax and classifying stablecoins as foreign exchange. Crypto adoption remains robust, with significant inflows and growth.

CFTC permits Bitcoin, Ethereum, and stablecoins as margin collateral with strict valuation haircuts and risk controls applied. Stablecoins receive lower capital charges than BTC and ETH, reflecting reduced volatility in margin calculations. Firms must meet reporting, cybersecurity, and ap

U.S. regulators established a framework to classify digital assets into five groups, enhancing jurisdiction clarity. This includes commodities overseen by the CFTC and securities by the SEC, with special treatment for stablecoins and utility tokens based on usage.

Brazil's Finance Minister Dario Durigan has suspended new crypto tax policies until after the 2026 presidential election to avoid divisiveness. Previously proposed public consultations on crypto taxes may now be postponed until 2027, while the country navigates its growing crypto landscape.

The tentative agreement on stablecoin rewards revives the stalled CLARITY Act, yet unresolved issues threaten its passage as the industry faces a tight deadline for comprehensive legislation this year.

Lawmakers have reached a bipartisan agreement to resolve the stablecoin yield dispute, a key roadblock for crypto legislation. The deal, involving Senators Tillis and Alsobrooks, aims to balance innovation and banking stability while moving the CLARITY Act forward. Further industry review is needed before finalizing details.

The U.S. Securities and Exchange Commission (SEC) has released a 68-page interpretive document explaining the applicability of federal securities laws to specific crypto assets and transactions, while emphasizing the concept of non-security crypto assets. The SEC has coordinated with the CFTC to establish a classification framework that clarifies the legal status of activities such as protocol mining and staking, enhancing market transparency and aiming to address market demand for regulation.

US Securities and Exchange Commission Chair Paul Atkins proposed a new cryptocurrency asset regulatory framework that clarifies which tokens are not securities and simplifies compliance pathways through measures such as "startup exemptions" and "investment contract safe harbors," aimed at providing crypto enterprises with clearer fundraising guidance and signaling a policy shift in SEC oversight.

The U.S. Commodity Futures Trading Commission (CFTC) recently released an FAQ clarifying the rules for using cryptocurrencies as margin in derivatives markets, specifically setting capital deduction rates of 20% for Bitcoin and Ethereum and 2% for stablecoins. The pilot program will be limited to three coin types in the first three months, after which it will expand to additional cryptocurrencies and relax reporting requirements. Qualifying crypto assets may be used as margin, marking a gradual acceptance of blockchain assets within the U.S. financial system.

Gate News reported that on March 22, Brazil's Finance Minister revealed that the country will delay its decision on cryptocurrency tax policy until after the presidential election this October. Brazil will hold its presidential election in October 2026, and the government has decided to make a final decision on cryptocurrency tax policy after the election concludes.

The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly issued interpretive guidance on crypto assets that will take effect on March 23, replacing the framework released in 2019. This guidance provides clear regulatory direction to market participants and promotes compliant development of the crypto industry.

Gate News Announcement: On March 22, according to crypto journalist Eleanor Terrett's post on X platform, the U.S. House Committee on Financial Services plans to hold a hearing on tokenization next Wednesday at 10 a.m. Eastern Time. Blockchain Association CEO Summer Mersinger will attend the hearing as an invited witness.

The U.S. Commodity Futures Trading Commission (CFTC) has released guidance on a pilot program for crypto assets as collateral, allowing Bitcoin, Ethereum, and stablecoins to be used as margin. Futures brokers must comply with capital requirements and regulatory reporting obligations, and after three months can expand to other crypto assets as collateral. The guidance clarifies the use cases for crypto assets and derivatives clearing requirements.

A Nevada court issued a temporary restraining order against Kalshi, preventing it from offering event-based contracts without proper licensing. This reflects growing regulatory scrutiny on prediction markets, which face challenges in classification and regulation, especially concerning gambling laws.

Lawmakers and regulators are making progress on crypto policy, with a stablecoin yield proposal anticipated soon. The SEC and CFTC classified most crypto assets as non-securities, designating several as digital commodities.

U.S. Commodity Futures Trading Commission Chair Mike Selig announced on the X platform that the CFTC has released FAQs regarding crypto assets and blockchain businesses, providing compliance guidance that covers core topics such as tokenized collateral, aiming to establish a clear operational framework for market participants.

CFTC permits Bitcoin, Ethereum, and stablecoins as margin collateral with strict valuation haircuts and risk controls applied. Stablecoins receive lower capital charges than BTC and ETH, reflecting reduced volatility in margin calculations. Firms must meet reporting, cybersecurity, and