From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

PANews reported on March 22 that, according to Forbes, the joint guidance document on crypto assets issued by the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) was officially filed with the Federal Register on March 20 and is expected to take effect immediately after its official release on March 23 (next Monday), providing direct and actionable regulatory guidance for crypto market participants. This document, with committee-level authority, will fully replace the "Analysis Framework for Digital Asset 'Investment Contracts'" released in 2019. It will also provide clear guidance for the enforcement and daily oversight work of the SEC and CFTC, marking the formal departure of the previous ambiguous stage of "enforcement instead of regulation" in US crypto regulation and the entry into a new stage of clear rules. This joint guidance document is reportedly built upon Project Crypto, launched in 2025. This project, jointly driven by two regulatory bodies, aims to coordinate regulatory powers and establish a unified classification system for crypto assets. The guidance document is seen by the industry as a "regulatory bridge for crypto assets," providing clear guidance not only on crypto industry behavior, judicial analysis, and enforcement policies, but also offering immediate compliance clarity for entrepreneurs and investors before Congress moves forward with bipartisan market structure legislation. Its compliance basis is more stable and authoritative than previous employee-level guidance. It is worth noting that the document divides crypto assets into five categories, clarifies the regulatory jurisdiction of different assets such as digital goods and digital securities, and clarifies the compliance boundaries of common crypto activities such as mining, staking, and airdrops, thus clearing away key obstacles for institutional entry and industry compliance innovation.
From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

PANews reported on March 22 that, according to Cointelegraph, the U.S. Commodity Futures Trading Commission (CFTC) has provided detailed guidance on a pilot program allowing crypto assets as collateral. The regulator has reiterated that futures brokers (FCMs) participating in the pilot program must submit a notification to the Market Participants Division specifying the start date for accepting crypto assets as margin. Key points include: 1. Capital Requirements: Only Bitcoin, Ethereum, and stablecoins are accepted as collateral. BTC/ETH is calculated based on a 20% capital adequacy ratio, and stablecoins are calculated based on a 2% capital adequacy ratio. Futures brokers participating in the pilot project can only accept Bitcoin, Ethereum, or stablecoins for the first three months. 2. Compliance and Reporting Obligations: Futures brokers participating in the pilot program must promptly report major cybersecurity or system issues and submit a weekly report on the total amount of encrypted assets in client accounts; 3. Three-month extension: Other crypto assets can be used as collateral after three months, while some reports require termination; 4. Restricted Use: Only the remaining equity of the customer's segregated account is allowed to be deposited into the dedicated payment stablecoin; crypto assets cannot be used as collateral for unsettled swaps, but eligible tokenized assets can be used as substitutes. 5. Requirements for Derivatives Clearing Institutions: Clearing institutions that meet the CFTC's credit, market, and liquidity risk requirements may accept crypto assets and stablecoins as initial margin for cleared transactions.
From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

From Panewslab

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.