FTX US plans to offer crypto derivatives are moving forward. Most recently, the Commodity Futures Trading Commission, or CFTC, announced on Thursday that it would be open to public comment.
The comment period is 30 days, which will allow market participants to consider FTX US’s plans to take advantage of the Derivatives Clearing Organization (DCO) license granted by the LedgerX acquisition to offer crypto derivatives trading. directly to the user Under spot trading – similar to the FTX exchange
It’s unclear when the CFTC will approve FTX US’s plans, but the 30-day comment period is the latest step in the company’s path.
The CFTC’s questions focus on the specific risks of crypto trading, as well as how to mitigate them.
Brett Harrison, president of FTX.US, said that registration with the CFTC is not limited to crypto, “Crypto is our top priority. But I think there is a possibility that we can apply this to futures and options.”
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