March 13 | Overnight Highlights 🌙 🔹 CFTC Issues Guidance on Prediction Markets The U.S. Commodity Futures Trading Commission (CFTC) has issued its first guidance and preliminary rules regarding prediction markets, requiring companies to consult with regulators before launching markets with a high risk of manipulation. 🔹 Iran's New Supreme Leader: Strait of Hormuz Must Remain Closed Iran's new Supreme Leader issued a strong statement emphasizing that the Strait of Hormuz must remain closed given the current geopolitical conflict, as global energy transport faces significant uncertainty. 🔹 Trump Hosts Another Luncheon for Trump Token Holders U.S. President Trump plans to host another private luncheon for Trump token holders, continuing his approach of connecting with supporters through a politically themed token. 🔹 Market News: Trump Administration Considers Suspending Jones Act to Stabilize Oil Prices Reports indicate that the Trump administration is considering temporarily suspending the Jones Act to alleviate pressure on oil prices that could surge due to the potential closure of the Strait of Hormuz. 🔹 US SEC Chairman: Equity Tokenization Innovation Exemption Expected Soon The US SEC chairman stated that an innovation exemption for equity tokenization is expected to be released soon, providing a more flexible compliance path for traditional assets to go on-chain. 🔹 Yield-Generating Stablecoin Protocol Unitas Raises $13.33 Million in Funding Yield-generating stablecoin protocol Unitas announced the completion of a $13.33 million seed round of funding, with participation from institutions such as Amber Group, to promote the development of the on-chain yield-generating stablecoin ecosystem. 📌 Summary in One Sentence: The CFTC issued its first regulatory guidance on prediction markets; Iran's closure of the Strait of Hormuz triggered oil price concerns; Trump proposed suspending the Jones Act in response; the SEC will introduce an equity tokenization exemption; and Unitas completed a multi-million dollar funding round.