Odaily reports: The U.S. Commodity Futures Trading Commission (CFTC) on Monday initiated a rulemaking process aimed at establishing a unified federal regulatory framework for leveraged and margin spot trading of crypto assets for retail customers.
The CFTC is considering establishing a new "Crypto Asset Market" registration category through two sets of rules: Regulation CTX and Regulation CAM. Qualifying crypto trading platforms would be able to offer leveraged and margin spot trading to retail users under CFTC oversight, subject to unified federal regulatory standards.
This framework would provide an alternative compliance pathway for crypto exchanges currently operating under state-level licenses. However, the CFTC has made clear that without congressional authorization, the regulator cannot force all crypto asset trading onto CFTC-registered platforms.
CFTC Chairman Michael Selig stated that this move is an important step toward continuing to make the United States the "crypto capital of the world," and said American investors need clearer rules, regulatory certainty, and consumer protection.
Overall, the CFTC is attempting to use its existing authority to first establish a federal framework for retail crypto leveraged trading, rather than waiting for Congress to pass comprehensive market structure legislation. If ultimately implemented, U.S. crypto exchanges could for the first time gain a nationally unified regulatory pathway for retail leveraged spot trading, though the CFTC's mandatory jurisdiction over the entire crypto spot market still depends on congressional legislation.
Odaily News: According to Gate data, Brent crude oil (XBRUSD) has fallen to $104/barrel, currently at $103.97/barrel, down 2.9% from the previous trading session's close.
According to Odaily, Hyperliquid News posted on X platform that the total number of transactions across all HIP-3 DEXs has surpassed 250 million.
Odaily reports that Token Terminal posted on X stating that $53.4 million worth of tokenized ETFs have been deposited into DeFi, with assets tracking STRC and FWDI amounting to $35.3 million and $25.8 million respectively. Of the approximately $3.7 billion tokenized equity market, about 7% has been deposited into DeFi.
Odaily: SolanaFloor posted on X that Solana DEX trading volume has surpassed all L1 and L2 chains for the 5th consecutive week.
Odaily News: Former House Financial Services Committee Chairman @PatrickMcHenry believes that during the "lame duck" session following the midterm elections, as the political cycle comes to an end, the CLARITY Act is poised for passage. He stated, "They can deliver one last finished product here during the midterms." (CoinDesk)
Odaily News — Web3 security firm CertiK today officially released its Intel3D report, "The Rise of AI Employees: How Agentic AI Is Reshaping Cybersecurity, Anti-Money Laundering, and Compliance." The report notes that AI is transitioning from an assistive tool that helps analysts identify issues to a member of the working team capable of conducting investigations, making judgments, and executing remediation tasks within defined permissions. This shift is reshaping security and compliance processes across traditional finance and Web3, and is also raising new requirements for how enterprises supervise AI, define permission boundaries, and allocate responsibility.
The report also cautions that model misjudgments, prompt injection, and adversaries' exploitation of AI may introduce new risks. As AI begins to hold and trade digital assets, its own behavior must also be subject to audit. CertiK recommends that enterprises establish governance mechanisms covering permission boundaries, human approval, decision records, and division of responsibilities, and conduct regular red-team testing; these mechanisms must be improved in tandem with AI's execution capabilities to support "AI employees" in continuously creating value for security and compliance work under supervision and accountability.
Odaily News — According to market sources, the U.S. Treasury Department has withdrawn its previous crypto regulatory proposal targeting unhosted wallets and convertible virtual currency (CVC) mixing services. The proposal had aimed to expand the scope of monitoring crypto transaction activity, including requiring financial institutions to collect and report information related to unhosted wallets and crypto mixing services. The withdrawal means the relevant monitoring rules will not be pursued for the time being.
Odaily News: According to MSX.COM data, at the US market open, the Dow fell 0.07%, the S&P 500 rose 0.11%, the Nasdaq rose 0.18%, and the VIX fear index rose 4.9%. AI concept stocks broadly rose, with Marvell up 1.93%, AeroVironment up 1.78%, Microsoft up 1.65%, Baidu up 1.26%, and TSMC up 1.12%.
It is reported that MSX is a leading RWA trading platform and has cumulatively listed hundreds of RWA tokens, covering popular US stocks and ETF token assets such as NVIDIA, GOOGL, MSFT, AMZN, META, TSM, and AMD.
Odaily News: According to the latest Gate data, the price of gold has risen to $4,152.26 per ounce, up 0.25% intraday. The price of silver has climbed to $61.455 per ounce, up 2.08% intraday.
In forex, USD/CNH is up 0.04% intraday, with the current exchange rate at 6.70701. USD/JPY is up 0.39% intraday, with the current exchange rate at 158.261.
In global stock indices, the Euro Stoxx 50 (EUSTX50) is up 0.14% intraday at 6,233.06 points; the UK FTSE 100 (UK100) is down 0.13% intraday at 10,488.8 points; the Germany DAX 40 (GER40) is down 0.09% intraday at 25,272.5 points.
In commodities, WTI crude oil is down 2.13% intraday at $91.97 per barrel. Brent crude oil is down 0.76% intraday at $105.49 per barrel.
Gate supports users in directly trading traditional financial market products within the platform, offering one-stop coverage of multiple asset classes including precious metals, forex, global stock contracts for difference (CFDs), major indices, and commodities, achieving deep integration between crypto assets and traditional financial assets. Gate TradFi-related features have been fully integrated into the Gate App and Web platform, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market and continuously enhancing the multi-asset allocation experience.
Odaily reports: Solana treasury company DeFi Dev Corp. (DFDV) announced on X that it purchased 26,203 SOL, bringing its total holdings of SOL and equivalent assets to 2.564 million.
Over the past approximately 7 weeks, the company's SOL holdings increased by 11%, with SOL per share growing by double digits, while net asset value per share and cash both grew by over 100%.
Odaily: XRP treasury company Evernorth's SPAC saw its share price nearly quadruple at one point last week, with XRPN briefly rising to $53 before the merger was completed on Wednesday.
The combined company will hold 473 million XRP, valued at approximately $714 million, and will begin trading on Nasdaq on Thursday. (CoinDesk)
According to Odaily, glassnode posted on X that the trend of BTC whales making net deposits of Bitcoin to exchanges has stopped. This trend lasted for more than three months since the summer, twice as long as other similar trends since 2023, and ended in late August, after which fund flows have continued to be negative.


