CFTC permit of crypto durability minkonstracts: A big step for the markets, according to the outgoing commissioner Summer Mersinger

CFTC permit of crypto durability minkonstracts: A big step for the markets, according to the outgoing commissioner Summer Mersinger

CFTC approves crypto-permanent futures: an important step for the markets

The approval of the permanent futures for cryptocurrencies by the Commodity Futures Trading Commission (CFTC) is rated by the outgoing commissioner Summer Mersinger as "really good for these markets". This decision could have a significant impact on the development and stability of the cryptocurrency market.

The introduction of crypto-permanent futures enables investors to speculate on the price movements of cryptocurrencies without actually having the underlying assets. This could promote greater liquidity and price stability in the crypto sector and increase the interest of institutional investors in digital assets.

Mersinger emphasizes that the approval of the CFTC could provide a positive impulse for trust in digital financial products. A clear regulatory framework is crucial to secure both private and institutional investors and to support the growth of the market.

Overall, the approval of the CFTC for crypto duration futures could contribute to the establishment of a regulated and transparent market, which could be an advantage for both existing and new market actors. This development is considered a further step in the direction of a broader acceptance of cryptocurrencies and their integration into the traditional financial system.