WS #16774
The CFTC has approved perpetual futures on stocks, bringing a regulated alternative to offshore crypto venues and potentially stabilizing institutional crypto trading. This development comes in the wake of the $6.3B Binance hack attributed to North Korean actors, which has raised concerns about crypto security and regulatory oversight. The approval is seen as a positive step for market integrity, though the hack highlights ongoing risks in the digital asset space.
Crypto and Regulatory Shifts
The CFTC has approved perpetual futures on stocks, bringing a regulated alternative to offshore crypto venues and potentially stabilizing institutional crypto trading. This development comes in the wake of the $6.3B Binance hack attributed to North Korean actors, which has raised concerns about crypto security and regulatory oversight. The approval is seen as a positive step for market integrity, though the hack highlights ongoing risks in the digital asset space.