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U.S. Regulators Approve 24/7 Crypto Perpetual Futures Trading

U.S. Regulators Approve 24/7 Crypto Perpetual Futures Trading

Original | Odaily Planet Daily (@OdailyChina)

Author | Wenser (@wenser 2010)

On May 29, the U.S. Commodity Futures Trading Commission (CFTC) issued 7*24 Trading Regulatory Guidance, emphasizing that crypto asset-related derivatives, due to their digital infrastructure and global continuous trading characteristics, are better suited for round-the-clock trading and clearing.

This means that the United States, previously considered a “no-go zone” for crypto perpetual contracts, has now opened up for the first time, further fueling its rise as the “crypto capital.”

Numerous cryptocurrency trading platforms and traditional exchanges have responded by launching corresponding trading portals.

The U.S. CFTC’s greatest gift to the crypto market:…

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