US Commodity Futures Commission (CFTC) commissioner Summer Mersenger announced that the approval of crypto perpetual futures in the country is on the agenda. The commissioner’s statements indicate that such financial products can be offered for the first time in the US market. Although Mersinger does not specify the date of the relevant process, the US stressed that the US approached an important milestone in the crypto arrangements.
CFTC and Crypto Coins
In parallel with increasing interest in crypto asset markets, there is a significant transformation in the US regulation environment. Commissioner Mersenger pointed out that in an interview with Bloomberg, regulatory institutions are preparing to light green light on perpetual futures. Perpetual term transactions will be one of the important thresholds for crypto, as it increases great volume opportunities and diversity in global markets, especially for professional investors.
The opening of the US market to the processing of such products can carry markets to a more competitive point. It will enable US investors to benefit more effectively from opportunities in global markets.
Economic Benefits and Expectations
According to Mersinger, the US markets can be expected to concentrate within the country thanks to the opening of these new financial vehicles.
CFTC commissioner Summer Mersenger: “It would be great that these transactions can be done in the USA. I think the US market should take advantage of this opportunity.”
Crypto Perpetual Term transactions, which have been discussed in the markets for a long time, are currently traded more widely outside the United States. In the USA, many institutions waiting for the legislation to be clarified, foresee a rapid development with the scratch of the regulatory framework.
If the legislation is finalized, both individual and institutional investors can access these products legal and safely. In addition to the CFTC, the approaches of other relevant public authorities are also curious.
It is considered that these developments in the United States will be reflected in global crypto markets and regulatory efforts may be an example for other countries.
The fact that crypto constant futures approach to approval is considered an innovative step for the US financial sector. If the process is completed, more liquidity and different investment options are expected to be created in the markets. For investors and institutions, there may be access to new financial products in a transparent, controlable environment. In the light of these developments, the importance of regulatory organizations to protect transparency and market safety is increasing.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
