Summary
- Michael Selig, CFTC chairman, said that “bringing true crypto perpetual futures back to the United States is a key task of pro-innovation policy.”
- He said the remarks point to a policy direction aimed at drawing derivatives liquidity concentrated on offshore exchanges back to US markets.
- He added that if regulatory frameworks are refined and derivatives expand within the regulated system, the formation of an institution-led market could accelerate.
Forecast Trend Report by Period
US regulators appear poised to reshape the crypto derivatives market.
According to Cointelegraph on the 25th (local time), Michael Selig, chairman of the US Commodity Futures Trading Commission (CFTC), said that “bringing true crypto perpetual futures back to the United States is a key task of pro-innovation policy.”
Perpetual futures are derivatives that can be traded continuously without an expiry date, and the market is currently centered on offshore exchanges such as Binance.
In the United States, such products have effectively been constrained due to regulatory issues. The remarks suggest a policy direction aimed at drawing derivatives liquidity concentrated on overseas exchanges back to US markets.
Analysts say that if regulatory frameworks are refined and the expansion of onshore derivatives within the regulated system proceeds, the formation of an institution-led market could accelerate.
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
