Svmuu News: CFTC Chairman Mike Selig stated while attending an event in Washington that the agency is working to allow genuine professional perpetual contracts to operate within the United States within the next month and expects to issue a related announcement soon. Mike Selig noted that previous regulatory policies had driven a significant number of companies and liquidity overseas. Additionally, the CFTC and SEC are advancing multiple digital asset policies through Project Crypto, including providing clear guidance for DeFi developers and establishing clear standards for prediction markets. SEC Chairman Paul Atkins also noted that while regulators are advancing innovation exemptions to allow the industry to experiment, Congress still needs to provide legal certainty. Currently, legislative efforts in the U.S. Senate regarding transparency in the digital asset market are still under negotiation.