Currencies39068
Market Cap$ 2.78T-0.35%
24h Spot Volume$ 33.37B+9.24%
DominanceBTC57.10%-0.52%ETH10.92%-0.24%
ETH Gas0.06 Gwei
Cryptorank
/

Ondo says US rules already allow stock perps


Ondo says US rules already allow stock perps

Share:

AI Overview

Ondo Finance told the SEC and CFTC in a comment letter dated August 24 that perpetual contracts tied to U.S. stocks can be offered under the existing security futures framework and do not require new regulation. If regulators accept this interpretation it could lower barriers for crypto derivatives on DEXs and CEXs, accelerating adoption of tokenized perpetual contracts and DeFi derivatives while leaving room for regulatory interpretation risk.

Bullish

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner
In a comment letter dated August 24, Ondo Finance has informed the SEC and CFTC that new regulations are not required to allow trade in perpetual contracts based on US stocks. The letter argues that the current framework of security futures accommodates the product. The document attempts to turn a matter of definition into a...
Read the article at CryptoPolitan

In This News

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share: