The CFTC has approved an application for leveraged Bitcoin (BTC) and Ethereum (ETH) futures contracts from Cboe Digital, the most famous US options exchange.
The U.S. Commodity Futures Trading Commission (CFTC) announced on its official website on June 5 that the digital asset arm of options exchange Cboe. Cboe Clear Digital’s leveraged Bitcoin And Ethereum his application to present contracts have been approved reported.
year under approval from the second half from Cboe Clear physically or financial aspect agree, leveraged bitcoin And Ethereum term contracts can be offered. Cboe Digital’s current status unlevered bitcoin And Ethereum It was reminded that it provides the service of offering forward contracts.
Cboe’s approval, US cryptocurrency in the regulatory ecosystem a big happening uncertainty It came in the middle of the wave. It’s on the side of investors to regulatory clarity a pointing my name when interpreted as some segments by the regulators traditional activities predominant cboe favored was put forward.
In the present case, leveraged Head of the exchange offering futures contracts John Palmer, bitcoin And Ethereum futures contracts physical compromise of financial institutions custody services at the point agents hiatus to their removal He said it made it possible.
At this point, Palmer stated that having a spot market is also an advantage, and they welcome their customers. to custody services And physical being to touch they don’t want to force expressed.
CFTC member Christy Goldsmith RomeroCboe’s application is FTX’s without going bankrupt fully with his previous application. opposite by stating that compatibility And security He praised Cboe for cboe’s to other companies should be an example voicing Romero made the following statements on the subject:
In recent years, crypto companies have tried to take an existing business model or market structure from an unregulated environment and move it to a regulated environment. It doesn’t have time for the risks of a non-CFTC-regulated model or structure.
Romero, Cboe traditional futures market and of the regulatory framework stated that it operates within Romero also current security measures cryptocurrency market high risk considering the structure boosting called for.