Three major updates worth tracking:



First up — that crypto market structure bill everyone's been watching? Hit a wall. Senate Democrats are digging in their heels with new demands, and with a government shutdown looming, timing couldn't be worse.

Meanwhile, the CFTC just made some interesting moves on their Innovation Council. They've brought in the heads of Gemini, Polymarket, and Bullish. Pretty solid lineup if you ask me.

And here's something different: Bhutan just launched TER, a token running on Solana that's actually backed by real gold reserves. Not your typical government crypto experiment.
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SlowLearnerWang
· 2025-12-12 00:48
Damn, another bill delay? I should have expected it... That group of senators really knows how to drag things out.
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GweiObserver
· 2025-12-11 23:59
It's the same old politician's trick. The shutdown has reached the doorstep, and they're still bickering. This bill is probably going to be delayed for a while again.

CFTC finally did something worthwhile, bringing Gemini and others into the fold. They're much better than the previous group of complete outsiders.

The matter of Bhutan is quite interesting. Are they really backing gold on Solana? Now that's playing seriously, unlike some countries that just shout slogans.
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ILCollector
· 2025-12-11 23:51
The操作法案又拉胯了,这届政客是真滴不懂区块链

Gemini那帮人进CFTC创新委员会?感觉是想从里面掌控话语权啊

不过不得不说,不丹的TER这操作有点东西,真实黄金背书的token...这才叫有诚意

政府shutdown都来了还在扯皮,区块链法规这事儿又得往后稍稍

Solana最近咋这么受欢迎,Bhutan都选它
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LiquidityHunter
· 2025-12-11 23:49
Still watching DEX data at 2 AM... The gold-backed token from Bhutan is really interesting. How much liquidity depth on the Solana chain is needed to support it? This is truly worth tracking.
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PaperHandSister
· 2025-12-11 23:41
Once again, we're stuck. These senators are really annoying, causing trouble at critical moments.

CFTC's move is quite good; the leaders at Gemini really know what they're doing.

However, the Bhutan gold-backed token is the real trick; finally, a government dares to play this way.
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SleepyValidator
· 2025-12-11 23:40
Another round of policy tug-of-war, when will it finally settle down

The Gemini team is now with the CFTC, it looks like they're serious this time

However, Bhutan's gold-backed token is quite interesting, at least more reliable than most government-issued currencies
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