According to a report by Jinse Finance, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) will hold a joint roundtable meeting today (September 29) at 1 PM at the SEC headquarters. This marks the first time in 14 years that the two agencies have jointly hosted such an event. This is the first joint initiative by the sister agencies in 14 years to coordinate regulatory frameworks for shared priorities such as cryptocurrencies and prediction markets. The last joint roundtable was held on August 1, 2011, focusing on cross-border issues in swap regulation. Additionally, this marks the first time that leaders of major Wall Street exchanges will sit down with their digital counterparts to jointly discuss market operations. For an industry long considered to be on the fringes, this represents a remarkable shift and a clear signal that cryptocurrencies now hold a place within the broader financial system.

[HIFI and BAKE Surge Briefly Before Pulling Back] On September 29, Binance announced the upcoming delisting of HIFI and BAKE contracts, leading to a brief sharp increase in the prices of both tokens. HIFI rose by as much as 17%, while BAKE surged by up to 26%, before pulling back. Currently, both tokens remain slightly higher in price compared to before the announcement.

[Binance to Delist HIFI and BAKE Perpetual Contracts on October 3, 2025] Foresight News reports that Binance Futures will delist the USDⓈ-M HIFIUSDT and BAKEUSDT perpetual contracts on October 3, 2025.

[Federal Reserve Official: Inflation May Not Meet Target Before 2028, Policy Needs to Stay Tight] On September 29, Cleveland Fed President Beth Hammack stated that inflation might remain above the 2% target level until 2028, which is also why she opposes rate cuts. She pointed out that the Federal Reserve has failed to meet its inflation target for four consecutive years, and inflation will remain under pressure in the next one to two years, with inflation in the service sector being particularly prominent. Hammack emphasized that current policy needs to maintain a restrictive stance to address persistent inflationary pressures.