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CFTC Lets Traders Bet on Stocks With Crypto-Style Perpetual Futures

Headline from Decrypt

Image: Decrypt

Key points

  • United States regulators are expanding a popular cryptocurrency derivative into traditional finance markets.
  • Commodity Futures Trading Commission Chairman Michael Selig announced that equity perpetual futures are now permitted on CFTC-registered exchanges.
  • The regulatory decision allows mainstream traders to utilize crypto-style perpetual contracts when speculating on standard corporate stocks.

Summarized automatically by Kryptokite from reporting by Decrypt. Read the original sources for full detail.

Sources

  • DecryptCFTC Lets Traders Bet on Stocks With Crypto-Style Perpetual Futures · 2 hours agoRead on Decrypt

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