{"id":129833,"date":"2025-05-23T03:15:32","date_gmt":"2025-05-23T03:15:32","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=129833"},"modified":"2025-05-23T03:15:32","modified_gmt":"2025-05-23T03:15:32","slug":"crypto-perp-futures-coming-very-soon-says-cftcs-mersinger","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=129833","title":{"rendered":"Crypto perp futures coming \u2018very soon,\u2019 says CFTC\u2019s Mersinger"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsCrypto perpetual futures contracts could receive regulatory approval in the US \u201cvery soon,\u201d says outgoing Commodities and Futures Trading Commission Commissioner Summer Mersinger.<br \/>\nPerpetual crypto futures \u201ccan come to market now,\u201d Mersinger told Bloomberg TV on May 22.\u00a0<br \/>\n\u201cWe\u2019re seeing some applications, and I believe we\u2019ll see some of those products trading live very soon,\u201d she said, adding it would be \u201cgreat to get that trading back onshore in the United States.\u201d\u00a0<br \/>\nMersinger, who will leave the CFTC at the end of May, said having crypto derivatives trading and regulated in the US would be a \u201creally good thing for these markets and would be really beneficial to the industry broadly.\u201d<br \/>\nCrypto perpetual futures are derivative contracts that allow traders to speculate on the price of cryptocurrencies without actually owning them. Unlike traditional futures contracts that have expiration dates, perpetual futures can be held indefinitely. They can also be traded with high leverage.<br \/>\nSummer Mersinger on Bloomberg TV. Source: YouTubeCrypto perpetuals are not currently permitted in the US and are traded on large offshore centralized exchanges, such as Binance, OKX, and Bybit.\u00a0<br \/>\nBinance is the largest with almost $95 billion in perpetual trading volume per day, according to CoinGecko. It offers over 500 crypto perpetual pairs with up to 125x leverage.<br \/>\nRelated: BitMEX CEO explains how perpetual swaps test altcoin value<br \/>\nMersinger said that the recent procedural vote to move forward the GENIUS stablecoin bill signifies \u201cthis asset class is clearly here to stay.\u201d\u00a0<br \/>\n\u201cWe really are going to make the United States the forefront of economic power that we can see from these tokens and this asset class.\u201d\u00a0<br \/>\nMersinger leaving the CFTC<br \/>\nAt the end of May, Mersinger will leave the CFTC to work at the Blockchain Association, a trade group with over 100 members that represents the crypto industry and economy.\u00a0<br \/>\nOn May 14, the Blockchain Association announced that its current CEO, Kristin Smith, would step down and Mersinger would assume the role on June 2.\u00a0<br \/>\n\u201cWe have a very strong incoming [CFTC] chairman who has a great voice for the crypto industry and will be a real advocate for the industry and the agency at large,\u201d she said, adding that she hopes to contribute more to the crypto industry through her new position.\u00a0<br \/>\nMagazine: Crypto scam hub expose stunt goes viral, Kakao detects 70K scam apps: Asia Express<a href=\"https:\/\/cointelegraph.com\/news\/crypto-perp-futures-coming-very-soon-cftc-s-mersinger?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsCrypto perpetual futures contracts could receive regulatory approval in the US \u201cvery soon,\u201d says outgoing Commodities and Futures Trading Commission Commissioner Summer Mersinger. Perpetual crypto futures \u201ccan come&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129833"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=129833"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129833\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129833"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}