This Week's News Preview | The joint cryptocurrency regulatory guidance document from the U.S. SEC and CFTC officially takes effect; Polymarket announces major news

By: rootdata|2026/03/23 10:10:00
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Compiled by: Jerry, ChainCatcher

Key News:

  • The joint crypto regulatory guidance document from the U.S. SEC and CFTC will officially take effect on March 23
  • Binance will launch PAYPUSDT stock perpetual contracts on March 23
  • Backpack will have its TGE on March 23
  • Polymarket will announce significant news on March 23, with community speculation about financing or token issuance
  • The U.S. Congress will hold a tokenization hearing on March 25, with the CEO of the Blockchain Association attending as a witness
  • SOON: soonBase L3 network will cease operations on March 26 to redirect resources towards AI capital market construction
  • The U.S. will announce initial jobless claims for the week ending March 21 on March 26

March 23 (Monday)

The joint crypto regulatory guidance document from the U.S. SEC and CFTC will officially take effect on March 23

The guidance document on crypto assets jointly released by the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) has been submitted to the Federal Register and is expected to take effect immediately after its official release next Monday, providing market participants with directly actionable regulatory guidance. This document holds commission-level authority and will replace the "Digital Asset 'Investment Contract' Analysis Framework" published in 2019, guiding the enforcement and regulatory work of the two agencies.

This crypto asset guidance document is based on the Project Crypto initiative launched in 2025 and is seen as a "regulatory bridge for crypto assets," providing immediate compliance clarity for entrepreneurs and investors before bipartisan market structure legislation is advanced in Congress. Its interpretative and practical influence will guide the behavior of the crypto industry, judicial analysis, and enforcement policies, providing a more stable compliance basis than previous employee-level guidance.

Binance will launch PAYPUSDT stock perpetual contracts on March 23

According to the official announcement, Binance contracts will launch PAYPUSDT stock perpetual contracts on March 23, 2026, at 14:30 (UTC). This contract tracks the price of PayPay Corporation common stock (NASDAQ: PAYP) and is settled in USDT, supporting up to 10x leverage.

Backpack will have its TGE on March 23

Backpack announced on platform X that it will conduct its TGE on March 23.

Polymarket will announce significant news on March 23, with community speculation about financing or token issuance

Polymarket team member Mustafa posted on platform X that significant news will be announced next Monday. Due to the tweet containing coin symbols, the community speculates it may be related to financing or a token launch.

Neutron shifts to long-term maintenance mode, dNTRN holders can redeem NTRN starting March 23

The Cosmos cross-chain smart contract platform Neutron tweeted that its network will shift to long-term maintenance mode, prioritizing the protection of user, builder, and stakeholder asset security. Key changes include: Supervaults will prohibit new deposits starting March 16, DEX and Supervaults will be completely suspended by April 17 (only withdrawal channels will remain until June 30); dNTRN holders can redeem for NTRN starting March 23 via the Drop website or Neutron app; wstETH holders must cross-chain back to Ethereum by June 30; the NTRN redemption mechanism will be announced later, and remaining assets after foundation liquidation are intended to be proportionally returned to the DAO.

Governance, staking, and validator systems will abandon the Neutron custom model and switch to the standard Cosmos model; token inflation will be dynamically adjusted, with the foundation and DAO planning to destroy a large amount of NTRN to compress supply; Hadron Labs will maintain the network until June 30, after which it will transition to a low-maintenance community support model; Fireblocks support will end by the end of April. The team stated that despite significant innovation over the past four years, the recent market environment has been poor, and the lack of a viable long-term strategy led to this decision.

March 25 (Wednesday)

The U.S. Congress will hold a tokenization hearing on March 25, with the CEO of the Blockchain Association attending as a witness

Crypto journalist Eleanor Terrett posted on platform X that the U.S. Congress Financial Services Committee plans to hold a hearing on tokenization at 10 AM (Eastern Time) next Wednesday, with Blockchain Association CEO Summer Mersinger attending as an invited witness.

BASED tokens will be directly airdropped to users' Hyperliquid wallets on the day of TGE, eligible users can specify their receiving wallets by March 25

Omnichannel trading platform Based announced on platform X that to ensure a smooth experience and avoid congestion during claims, BASED airdrop tokens will be directly distributed to users' wallets on Hyperliquid on the day of TGE—no manual claims required.

Recipients can specify their preferred receiving wallet on the airdrop query page. Users need to set or update their receiving wallet by March 25, 12:00 UTC. If not specified, the tokens will be sent to the default address.

Binance will delist APTUSD and OPUSD coin-margined perpetual contracts on March 25

According to the official announcement, Binance contracts will automatically liquidate APTUSD and OPUSD coin-margined perpetual contracts at 17:00 on March 25, and the aforementioned trading pairs will be delisted after the liquidation.

Metaplanet will hold a shareholders' meeting on March 25

According to Metaplanet's announcement, the company's 27th regular shareholders' meeting will be held at 10 AM on March 25, 2026 (Wednesday) at "Pia Arena MM" in Yokohama. The meeting agenda will be notified separately once determined. The eligibility cutoff date for shareholders to attend is December 31, 2025.

March 26 (Thursday)

SOON: soonBase L3 network will cease operations on March 26 to redirect resources towards AI capital market construction

The Solana ecosystem project SOON announced on platform X that its soonBase L3 network will officially shut down on March 26. The team stated that as the SOON ecosystem develops, resources will be concentrated on advancing AI capital markets and related AI-driven products and infrastructure, while the SOON mainnet and svmBNB network will remain unaffected and fully operational.

All users must withdraw their assets from soonBase L3 using the official bridging tool before March 26. After the shutdown, remaining assets will be transferred to contracts controlled by the team on Base for safekeeping, and subsequent withdrawals will need to be handled manually by the team.

Sky proposes to allocate approximately 70 million USDS, if approved, the fund transfer will be executed on March 26

Sky Protocol (formerly MakerDAO) posted on platform X that the Sky governance committee has approved the allocation of approximately 70 million USDS from Genesis Capital to support the remaining launch phase of Sky Agent, which is the next major step in building an independent capital allocator network to support the Sky Savings Rate.

The fund allocation is as follows: 10 million USDS allocated to Keel; 25 million USDS allocated to Amatsu (new executing Agent); 25 million USDS allocated to Ozone (new executing Agent); 10 million USDS allocated to an undisclosed Sky Agent.

All fund allocation plans will be executed upon completion of voting on March 26, with only one allocation remaining for Genesis Capital. These funds will still be controlled by the protocol and held in a separate sub-account managed by SKY governance. Once the Agent launches its own token, the funds will be transferred to that Agent's operational treasury.

The U.S. will announce initial jobless claims for the week ending March 21 on March 26

The U.S. will announce initial jobless claims for the week ending March 21 on March 26.

March 27 (Friday)

Bithumb will delist NEIRO spot trading on March 27

According to Bithumb's official announcement, NEIRO spot trading (buy/sell) will terminate on March 27, 2026, and support for withdrawal services will continue until April 27, 2026.

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