CFTC Chairman Mike Selig said the United States will remain the leading global cryptocurrency hub and that the CFTC is ready to deploy new regulatory frameworks. Separately, the U.S. Securities and Exchange Commission (SEC) and CFTC announced plans to establish cryptocurrency rules independently of Congress. In March 2026, the agencies classified XRP and Bitcoin as digital commodities, placing their oversight mainly with the CFTC under a commodity-style framework, while the SEC retained authority over transactions involving investment contracts. Markets have interpreted the developments in different ways: pricing has shown some increased confidence that clearer rules could support Bitcoin, but remains skeptical of higher targets, including $200,000 by the end of 2026. The $85,000 target has notably higher odds and currently supports a YES outcome. Participants will monitor further agency guidance, congressional legislation, Federal Reserve interest-rate decisions, institutional adoption and technological advances.