Crypto Rover: CFTC considers allowing crypto perpetual futures in US
@rovercrc: CFTC considers crypto futures
The Commodity Futures Trading Commission (CFTC) may soon allow the trading of cryptocurrency perpetual futures in the United States.
This move could position the US as a significant player in the global digital asset markets, aligning it with other countries that have already approved such trading instruments. Crypto Rover, a well-known cryptocurrency analyst, hailed the development as ''very bullish,'' suggesting that this could spur renewed interest and investment in the sector.
Crypto perpetual futures are derivatives that allow investors to speculate on the price movements of cryptocurrencies without actually owning the underlying assets. This financial instrument does not expire or have a settlement date, which differentiates it from traditional futures contracts.
Industry experts believe that the possible introduction of perpetual futures in the US market could enhance market liquidity and offer investors new opportunities for hedging and speculation. However, the CFTC's decision will likely involve thorough deliberations concerning market integrity and investor protection.
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In the previous news, tweet author Crypto Rover discussed the robust growth in altcoin markets.
