Odaily Planet Daily reports that the U.S. House Agriculture Committee's Subcommittee on Commodity Markets, Digital Assets, and Rural Development held a hearing on how the Commodity Futures Trading Commission (CFTC) should regulate prediction markets. Carl Kennedy, a partner at Katten Muchin Rosenman, stated that the CFTC may be understaffed and unable to adequately handle the regulation and enforcement of platforms like Kalshi and Polymarket. Kennedy believes the Senate's CLARITY Act, currently under consideration, could grant the CFTC more authority, both for digital assets and for addressing the growth of prediction markets. He stated that the CFTC needs more resources to handle new asset classes such as the cash market and crypto assets. CFTC Chairman Michael Selig, since his Senate confirmation in December, has argued that the agency has exclusive jurisdiction over the companies involved and considers event contracts on these platforms to fall under the CFTC's jurisdiction as swaps. Several U.S. states have already filed lawsuits against Kalshi and Polymarket in sports betting disputes, and these cases may ultimately reach the U.S. Supreme Court.

According to Odaily Planet Daily, Sui announced on the X platform that Gasless stablecoin transfers are now available on Sui, requiring no gas fees or gas tokens and are directly integrated into the protocol.

Odaily Planet Daily reports that Lightning Labs announced the launch of Wavelength, a self-hosted Bitcoin payment toolkit, on its X platform. This toolkit aims to make integrating Bitcoin into applications as simple as calling an API. Built on an Ark-like settlement layer, the platform allows developers, AI agents, and vibe coders to integrate Lightning Payments into any application without running nodes, managing channels, or acquiring liquidity. It also supports AI agents using Bitcoin payment APIs, data sources, and other services through MCP tool calls. Wavelength is currently available in alpha on signet and testnet; access to the mainnet requires an invitation.

Odaily Planet Daily reports that DeFi company Falcon Finance has launched the USDf Card, available to verified users in over 90 jurisdictions. The card allows users to make payments using USDf online, in-store, and with select mobile wallets. USDf is Falcon Finance's over-collateralized synthetic US dollar, minted by users with approved collateral or obtained from the secondary market and transferred to the card. The card has no annual fee or additional transaction fees, but foreign exchange related fees may apply.

According to Odaily, US President Donald Trump has reportedly made concessions in the Clarity Act agreement, agreeing to include ethical clauses restricting the president's own activities. The White House is pushing Senate Democrats to accept the agreement. The White House has not yet disclosed the specifics of the agreements Trump agreed to in order to push the crypto bill through the final stages of the US Senate process. Democrats are currently cautious about whether the arrangement addresses their concerns.