$BTC

🇺🇸 Cryptocurrency takes over the 24/7 derivatives market in the USA?

Acting CFTC Chair: all applications for 24/7 derivatives trading pertain only to crypto assets (TradFi takes a break).

Coinbase launched regulated BTC futures trading 24/7 in May, while Bitnomial opened trading back in April.

Weekend trading volumes are equivalent to weekdays – over 1,000 traders and hundreds of thousands of contracts.

CFTC is considering tokenized assets and stablecoins as collateral to reduce risks.