CFTC
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Crypto traders get a new CLARITY Act timing risk to watch
A fresh market structure draft could arrive as soon as next week, but Senate vote math and unresolved policy issues keep the outcome uncertain.
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加密监管交易不只看SEC和CFTC态度，还要看规则能否跨周期延续
最高法院关于独立机构领导权的裁决，让加密市场结构监管多了一个规则稳定性变量。
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Crypto rulemaking risk now includes whether SEC and CFTC rules can survive the next cycle
A Supreme Court ruling on agency leadership adds a new durability question to crypto market-structure regulation.
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Hyperliquid与Phantom要求CFTC把代码和经纪商分开看
这次监管意见征集不是单纯的DeFi标签之争，而是会影响永续合约流动性、准入和风控设计的市场结构问题。
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Hyperliquid and Phantom are asking the CFTC to separate code from brokers
The latest CFTC comment push is a practical market-structure issue for perpetual traders, not just a legal debate about DeFi labels.
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CFTC审查24小时油价期货，提醒交易者关注全天候市场的流动性
CME计划推出更小型的WTI合约以支持连续交易，但监管重点在于能源市场能否安全承受这种结构。
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CFTC scrutiny of 24/7 oil futures shows why always-on markets need liquidity checks
CME’s planned small WTI contract is designed for continuous access, but regulators are focused on whether energy markets can absorb that structure safely.
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Polymarket重返美国，真正要交易的是信任、规则和结算风险
Polymarket正以更合规的美国版本重新进入市场，预测市场的重点也从加密应用热度转向监管、流动性和规则可信度。
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Polymarket’s U.S. return makes trust, rules and market resolution the real trade
Polymarket is trying to re-enter the U.S. with a regulated, fiat-based product, turning prediction markets into a compliance and liquidity story rather than only a crypto app story.
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Kalshi 纽约裁决提醒预测市场仍有场所和监管风险
纽约法院挫败 Kalshi 的临时阻止请求，并不代表预测市场结束，但说明法律场所风险可能比赔率变化更快影响交易。