The US SEC and CFTC may accelerate the development of crypto regulations and products.
US Senate reached a bipartisan agreement, ending the 41-day government shutdown this week, and the SEC and CFTC will resume normal operations. The SEC may prioritize issuing "exemptive relief" to support tokenization and crypto businesses, and continue to investigate digital asset treasury companies; during the shutdown, SOL, Litecoin, HBAR and other crypto ETFs that were launched under uniform listing standards may automatically take effect, supplement inquiries, or be postponed after the SEC resumes. CFTC Acting Chairman Caroline Pham stated that she will push for "spot crypto trading and tokenized collateral" by the end of the year, and is in talks with regulated exchanges to launch leveraged spot trading as soon as next month. The Senate Banking and Agriculture Committees are advancing legislation to allocate SEC/CFTC authority and define "auxiliary assets," which will ultimately need to be coordinated into a version for submission to the President for signing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
With CoreWeave fueling the AI frenzy, can Nebius (NBIS.US) defend the AI computing power rally with explosive performance?
At Wednesday’s US stock market close, strong earnings reports and financing plans from CoreWeave drove collective gains in the storage chip, AI chip, optical interconnect, and new cloud sectors. CoreWeave and Nebius surged by approximately 24.7% and 15.4%, respectively. However, after the bell, media reports regarding another extramarital affair involving Jensen Huang and discussions by the board about his tenure caused Nvidia to drop more than 8%, putting pressure on the prices of most AI computing power-related stocks.
Morgan Stanley: The expansion value of BHP South Australia copper mine is still underestimated, on-site inspection may become a catalyst for revaluation, “Overweight” rating maintained.
Morgan Stanley released a research report, maintaining an "Overweight" rating on BHP Group Limited (Australian shares) and a target price of 68 AUD.
Deutsche Bank remains bullish on Palo Alto Networks (PANW.US) ahead of earnings: Q1 results expected to be solid, platform advantages will help expand market share.
Deutsche Bank's latest research report predicts that Palo Alto Networks will deliver solid performance in the first quarter, with all key metrics exceeding market expectations, although the margin of outperformance may narrow compared to the previous quarter.
On the eve of Anthropic (ANT.US) IPO: $19 billion in passive buying on the way, will “SpaceX-style” index arbitrage be repeated?
From SpaceX to Anthropic: Giant new listings adopt a new approach.
Crypto prices
More
