CFTC Nears Approval of Crypto Perpetual Futures Amid Commissioner Exits
- The CFTC may soon approve crypto perpetual futures in the U.S., according to Commissioner Summer Mersinger.
- Perpetual markets typically have higher trading volumes than spot markets.
- Mersinger is set to leave the CFTC to lead the Blockchain Association.
- Three other commissioners, Caroline Pham, Christy Goldsmith Romero, and Kristin Johnson, also plan to depart.
- Brian Quintenz, a pro-crypto regulator, awaits Senate confirmation as a commissioner.
The CFTC is on the verge of approving crypto perpetual futures in the U.S., with Commissioner Summer Mersinger indicating imminent market entry. Her departure, along with three other commissioners, could impact regulatory functions until replacements are confirmed.
Source (2.6)https://decrypt.co/321692/cftc-crypto-perps-trade-us-commissioners-exit?rand=52368
