On Tuesday, the modernization of CFTC rules for DeFi was announced. Michael Selig, Chairman of the CFTC, delivered the announcement, adding that the objective is to integrate on-chain software systems into the U.S. regulated market. During a panel with SEC Chairman Paul Atkins, Selig stated that they seek to offer a clear taxonomy defining jurisdiction over digital assets, reversing the “regulation by enforcement” policy of previous administrations.
With this structural change, they aim to attract the liquidity that moved offshore due to legal uncertainty, allowing firms to operate under transparent federal standards. The initiative includes support for prediction markets and the validation of decentralized protocols as a legitimate part of the derivatives markets, ensuring adequate investor protections without stifling technological innovation.
In the coming month, investors will be watching for the launch of “true perpetual futures” on regulated U.S. platforms and the progress of a new rulemaking proposal. This regulation will define self-certification standards for crypto products, marking a milestone in the competition between digital native platforms and traditional investment banking.
Source:https://goo.su/GqDsQM
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