Derivatives giant CME Group is preparing to take the US Commodity Futures Trading Commission to court over the regulator’s approval of perpetual futures, setting up a sharp public clash over one of crypto trading’s most important product categories. TL;DR CME CEO Terry Duffy said on CNBC that the exchange plans to sue the CFTC over…
TL;DR Coinbase Derivatives announced 24/7 gold and silver futures contracts for US traders. The products are positioned as regulated commodities exposure through Coinbase’s derivatives arm. Coinbase also indicated that oil futures are planned as a later expansion. Coinbase Pushes Further Into Regulated Futures Coinbase Derivatives is expanding its regulated futures lineup with 24/7 gold and…
TL;DR CFTC staff issued no-action guidance related to digital commodity perpetual futures. The relief applies to CFTC-registered designated contract markets, not offshore unregulated exchanges. The guidance could help domestic venues convert perpetual-style products into true perpetuals under conditions. CFTC Gives Domestic Venues A Perpetuals Path CFTC staff guidance has opened a path for registered Designated…
TL;DR Kraken says it plans to launch CFTC-regulated perpetual futures for eligible US traders within 30 days. Contracts will be listed on Bitnomial, a CFTC-regulated Designated Contract Market owned by Kraken parent Payward. The initial asset list includes BTC, ETH, SOL, XRP, ADA, LINK, DOGE, LTC and AVAX. Kraken Brings Perpetual Futures Closer To US…
The US Commodity Futures Trading Commission (CFTC) has now opened the path for Coinbase and other CFTC-registered exchanges to offer regulated access to global crypto derivatives markets. Related Reading Coinbase Offers Access To Global Crypto Derivatives On Friday, Coinbase announced that its subsidiary, Coinbase Financial Markets (CFM), has become the first US-regulated Futures Commission Merchant…
Wyoming’s special purpose depository institutions — companies built around crypto — could soon have a path to something they’ve long been denied: a Federal Reserve master account. A new executive order signed by US President Donald Trump puts that possibility on the table, along with a broader push to open up the US banking system…
XRP is making its boldest move yet into mainstream finance as two of the biggest names in traditional finance are stepping deeper into crypto. The CME Group and Nasdaq have announced plans to introduce a new crypto index futures product, and XRP is included in the basket. The contract will give institutional investors regulated access…
With the US Digital Asset CLARITY Act inching closer to becoming law, many investors and supporters are eager to know how it could shake things up for XRP. A crypto analyst has broken down the specific sections of the bill that could directly impact XRP, Ripple, and its stablecoin RLUSD. These key parts touch on…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…
The newly appointed Chair of the Commodity Futures Trading Commission (CFTC), Mike Selig, has signaled that the United States is close to introducing a regulatory framework that would allow crypto perpetual futures to trade onshore. The move, if finalized in the coming weeks as suggested, could reshape the digital asset derivatives market and potentially create…