CFTC removes crypto derivatives advisories to align with traditional finance
By removing crypto-specific regulations, the CFTC is paving the way for more institutional involvement in the growing crypto derivatives market.
The Commodity Futures Trading Commission (CFTC) has withdrawn two key staff advisories. These advisories set distinct regulatory expectations for cryptocurrency derivatives.
The move aligns the oversight of crypto-based financial instruments with traditional financial products. It marks a significant step towards regulatory parity.
The CFTC decided to rescind Staff Advisory No. 18-14, which outlined guidance on virtual currency derivative product listings. Advisory No. 23-07, which addressed risks in expanded digital asset clearing, was also withdrawn…
