Gate News reports that on March 16, the cryptocurrency tax roundtable meeting previously postponed due to snowfall last month has been rescheduled for today at 4 p.m. Eastern Time. The event will be jointly hosted by Senator Steve Daines, Senator Cynthia Lummis, and Representative Mike Carey. Despite tornado weather hitting Washington D.C. today, the event is currently scheduled to proceed as planned.

U.S. Commodity Futures Trading Commission Chairman Mike Selig announced the release of clear guidance targeting prediction markets to help trading platforms understand CFTC expectations for new contracts, ensure transparent rules, and prevent market manipulation and abusive conduct.

US CFTC Chair Mike Selig released prediction market guidance aimed at helping trading platforms understand regulatory expectations to ensure transparent rules for new contracts and prevent manipulation and abuse. Additionally, a proposed rule prenotice will be released to establish clear rules of conduct for new markets.

CFTC Chairman Mike Selig stated at the conference that the United States will accelerate the development of a regulatory framework for digital assets, focusing on prediction markets, DeFi, crypto contracts, and other areas. At the same time, the CFTC is strengthening coordination with the SEC to resolve regulatory disagreements, which is expected to promote market compliance and innovative development.

CFTC Chairman Mike Selig stated at the conference that the United States is experiencing a technological revolution driven by AI and blockchain, emphasizing the need to adjust the regulatory framework to adapt to changes. Key areas include derivatives market regulation, addressing legacy issues in legislation, clarifying the classification of crypto contracts, and prioritizing agricultural and energy needs.

Bloomberg Intelligence's Mike McGlone analyzes the current market, pointing out that the Iran situation could trigger a recession in the U.S. economy. The market's high valuations and low volatility warrant caution for potential turning points. He believes that the decline in crypto assets marks the beginning of deflationary effects, and rising oil prices could trigger an economic downturn. At the same time, he predicts that U.S. Treasury bonds will become the main source of excess returns in the future, and currency price fluctuations will impact the stock market.

Gate News reports that on March 6, U.S. SEC Chairman Paul Atkins posted on X platform stating that President Trump’s view that the United States needs clear regulatory rules for the digital asset market is correct. He pointed out that the CLARITY Act helps ensure entrepreneurs can develop next-generation financial technologies within the United States. Paul Atkins expressed his look forward to working with CFTC Chairman Mike Selig to promote the implementation of the CLARITY Act in the near future.

U.S. Senator Chris Murphy pointed out in a video that someone is betting on "the United States going to war with Iran," suspecting that some individuals have insider information. He and Representative Mike Levin are drafting legislation to strengthen regulation of prediction markets like Polymarket to prevent profiting from military actions.

CFTC Chairman Mike Selig stated that the agency will allow professional perpetual contracts to operate in the U.S. within the next month and expects to issue an announcement. Meanwhile, the CFTC and SEC are advancing digital asset policies through Project Crypto, aiming to provide clear guidance for the industry. SEC Chairman emphasized that legal certainty is still needed, and relevant legislation in the Senate is still under negotiation.