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FTX’s crypto clearing plan needs scrutiny, says CFTC chair Rostin Benham
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Commodity Futures Trading Commission chair Rostin Behnam said that a proposal by FTX, a crypto derivatives exchange, to create a “direct clearing” model should be looked at carefully.
“The request represents an innovative proposal that deserves careful consideration as to whether its operation will be core principles that prioritise customer protections, market stability and resiliency, among other important safeguards,” Behnam said while speaking at the International Swaps and Derivatives Association’s AGM.
Regulators...
Read more on fnlondon.comAbout this in other media
Commissioner Kristin Johnson to sponsor CFTC Market Risk Advisory Committee cointelegraph.com /2 years ago
US SEC chair says much to be done to protect crypto investors economictimes.indiatimes.com /2 years ago
Crypto capital gains one of four key areas for Australian Tax Office cointelegraph.com /2 years ago
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