CFTC explores 24/7 crypto derivatives and perpetual trading

The CFTC is considering 24/7 trading for crypto derivatives to allow quick responses to market changes, as highlighted by Acting Commissioner Caroline Pham.

Coinbase has launched 24/7 Bitcoin futures, indicating strong demand with over 1,000 traders and numerous contracts traded on weekends as well as weekdays.

The CFTC is assessing uncertainties of perpetual futures, which lack a maturity date, while industry stakeholders have mixed feelings about their suitability for physical commodities.

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