CFTC Signals Crypto Perps Could Trade in US as Commissioners Head for the Exits
CFTC Commissioner Summer Mersinger indicated that U.S. markets could soon see the introduction of crypto perpetual futures. This announcement comes at a time when several commissioners are preparing to leave the agency, which may impact its enforcement capabilities. Mersinger expressed optimism about the imminent approval of these trading instruments, emphasizing their potential to enhance trading volume and market liquidity in the U.S. landscape. Currently, the regulatory landscape is experiencing a significant transition with the pending departures of key commissioners, including Mersinger herself, who will lead the Blockchain Association after resigning from the CFTC. The ongoing leadership changes could challenge timely enforcement actions and regulatory updates, leading to increased pressure for faster Senate confirmations of new commissioners. In addition, the market's response to the approval of these products remains cautious due to concerns about the inherent risks associated with perpetual futures, despite their popularity in other markets.
Source đ