News

Some people have made a fortune, while others have suffered heavy losses. Even some of the most renowned companies in the financial sector have not emerged unscathed, including Pacific Investment Management Company (PIMCO), Citadel, and ExodusPoint Capital Management. Veteran commodities trader Dennis Kistler said, "Someone always gets hurt. At times like these, if you don't stay focused and make the wrong move, you can lose a million dollars in two seconds."

SEC Commissioner Hester M. Peirce stated that research has begun on an “innovation exemption” scheme for tokenized securities, which would allow certain tokenized securities to be traded within limited scope and undergo technical trials. She believes it is worth exploring whether different types of securities could be tested for tokenization under this framework, and whether issuers must consent to third parties issuing tokenized versions of their shares, in order to promote technological innovation while avoiding regulatory arbitrage. The SEC is evaluating several issues, including the scope of information disclosure requirements, the compatibility of settlement rules for tokenized securities, and the applicability of regulatory authority in a structure without intermediaries.

BlockBeats News, March 15th, the Federal Reserve will announce its interest rate decision next Thursday at 02:00. According to CME's "FedWatch," the probability of a 25 basis point rate cut by the Fed in March is only 1.9%, with a probability of no change at 98.1%. The probability of a cumulative 50 basis point rate cut by the Fed by April is 0.1%, a cumulative 25 basis point rate cut is 5.8%, and the probability of no change is 94.1%.