In brief
- CFTC Commissioner Summer Mersinger said Thursday crypto perpetual futures could come to market in the U.S. “very soon.”
- The approval of those derivatives contracts comes as several commissioners are preparing to leave the federal agency.
- Perpetual markets generally boast greater trading volume than their spot counterparts.
Outgoing CFTC Commissioner Summer Mersinger signaled Thursday that the Commission could “very soon” greenlight crypto perpetual futures products in the U.S., despite leadership shakeups at the federal agency that risk diminishing its enforcement powers.
“I think those can come to market now, and we’re seeing some applications, and I believe we’ll have some of those products trading live very…