The US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) released a joint statement on Friday that explored a possible move to 24/7 capital markets and regulations for crypto derivatives.
Scaling Onchain Finance requires a 24/7 trading environment in asset classes, the regulators said at statement.
Crafting The clarification of regulation for event contracts And the eternal futures – contracts with futures without expiry date – have also been a priority. However, the agencies clarified:
“Further expansion of trading times can better align US markets with the emerging reality of a global, always-on-on-on
Potential pivot “always-on” financial markets will increase capital speed but also increase the risk for merchants, exposing their overnight and long-term positions to market participants in various time zones, which can knock them on trading while they sleep.
Related: SEC agenda suggests Crypto Harbours safe, Broker-Dealers reforms
CFTC and SEC have pushed the Crypto goals of the Trump administration
US president administration Donald Trump has published its crypto Report In July, interagency policies are drafted to produce a comprehensive framework for the digital economy.
The report appointed the SEC and CFTC to promote cooperative administration in the crypto sector, with the CFTC with “clear authority” I -regulate crypto marketsWhile the SEC will have Purview with tokenized securities.
In August the CFTC announced a path for crypto exchanges offshore to deliver clients to us Through the Foreign Board of Trade (FBOT) outline.
The FBOT Registry allows regulated exchansions to the Coast for all classes to apply for a license to do business in the United States and exist since the 1990s.
The Trump’s July Management Report also recommends the development of architecturally resistant to the whole to protect cryptographic protocols from the attack of computers volume that can break modern encryption standards in the future.
The Sec’s Crypto Assets Task Force is currently reviewing A proposal In Digital Digital Assets Prior to the current connouncing standards that banking, financial and military applications are safely damaged by a volume device.
Magazine: SEC U-Turn to Crypto leaves key questions that are not answered
