Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
Amendment to the Securities Law prohibiting insider trading applied to cryptocurrencies passes as the "CLARITY Act" amendment.
BlockBeats News, May 15 — Senator Cynthia Lummis proposed an amendment during the Senate Banking Committee review of the CLARITY Act, requiring the existing securities law that bans insider trading to be applied to cryptocurrencies, especially “ancillary assets.”
BlockBeats Note: “Ancillary assets” refer to a category of crypto assets related to securities but not fully classified as securities, as defined in the bill.
Senator Warren opposed the amendment, stating that it only addresses surface issues, but the bill itself creates a larger loophole — many assets with security features will not be classified as “ancillary assets” at all, and therefore are not subject to insider trading rules. While I support cracking down on all forms of insider trading, this patch is far from enough to solve the problem, and it gives the public a false sense of security, making them think they won’t be harmed by insider trading in crypto — but in reality, they are not safe. Insiders will still find ways to exploit loopholes. Therefore, I urge my colleagues to vote against it.
The amendment was passed with 18 votes in favor and 6 votes against. The Cryptocurrency Market Structure Act (i.e., the CLARITY Act) is currently voting on each amendment clause.