SEC Chairman Paul Atkins stated in a podcast that distributed ledger technology can enable T+0 settlement and improve the efficiency of financial services, but caution is needed regarding fraud risks. He mentioned liquidity and the applicability challenges in traditional markets, emphasized that tokenized securities must comply with federal securities laws, and pointed out that the SEC is coordinating regulatory responsibilities with the CFTC.

Former CFTC Chairman Giancarlo stated that a clear regulatory framework for cryptocurrencies is crucial for the U.S. banking system. The lack of regulation could cause the U.S. to fall behind Asia and Europe in financial innovation. He pointed out that banks find it difficult to make large-scale investments in blockchain technology in an uncertain legal environment and warned that the U.S. might be forced to follow global digital financial trends. Even if the Crypto Market Structure Act does not pass, regulatory agencies may still implement temporary policies, but these cannot replace a stable legislative framework.

Gate News bot message, the weighted average drawdown across the top 10 tokens has exceeded 60%, with the sector experiencing an average decline of 63.5% from all-time highs. Market capitalization of many projects has reset to 2023-2024 levels. Among the tokens, $TRX recorded a decline of 33.2%, whil

AINFT ALL IN AI Carnival Airdrop Season will launch on February 11th. New users can receive millions of points and experience popular AI paid large models. The event features a prize pool of 16,000 USDT and various gameplay options, aiming to encourage users to explore AI application scenarios and win generous rewards.

Gate News bot message, Prediction markets Polymarket and Kalshi recorded new all-time highs across multiple metrics in January, including volume, transactions, and open interest. The statistics between the two platforms are remarkably close, with each metric differing by only a few percentage points

Gate News bot message, Solana has become the top chain by monthly DEX volume. @solana recorded $117.7B in volume in January, posting a 20% MoM growth and outperforming other chains by a mile. The network is currently accounting for nearly 35% of the entire on-chain volume.

Gate News bot message, The S&P 500 has reached a new all-time high of 7,000 points for the first time in history. This marks a significant milestone for the benchmark U.S. stock market index.

Gate News bot message, Silver has reached a new all-time high of $100 for the first time in history.

Gate Cryptocurrency Asset Trading Platform announces that its decentralized trading product has been officially renamed Gate DEX, with brand and functionality upgrades, simplifying the login process and enhancing user experience. At the same time, the "On-Chain All-in Challenge" is launched, allowing users to unlock cash rewards through their first transaction. This move further promotes the development of Web3 infrastructure.