PANews reported on March 3rd, citing CoinDesk, that Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that the agency will release policies in the coming weeks to provide guidance for the compliant implementation of crypto perpetual contracts in the United States and to promote the launch of "professional-grade" perpetual futures in the U.S. He noted that the previous administration's regulatory approach pushed a significant amount of liquidity and business offshore, and that the CFTC is currently pursuing a unified path through "Project Crypto," a collaboration with the U.S. Securities and Exchange Commission (SEC). Selig also revealed that the CFTC will release "near-term" guidance on the regulatory approach for DeFi developers and prediction markets (such as Polymarket and Kalshi), and will begin a formal rulemaking process to provide a longer-term legal basis for its regulatory stance.