Crypto Futures Set to Land in the U.S.? Keep Calm and Hold Your Bitcoins! 🚀

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“I think those can come to market now,” Mersinger said during a TV interview, as though she was announcing the release of a new flavor of cereal. “We may see live trading very soon. It would be a win to bring that activity back onshore.” Because nothing says ‘exciting’ like watching financial instruments dance across the international stage with a certain amount of bureaucratic flair. đŸ•ș

Perpetual futures—also affectionately known as perpetual swaps—are derivatives that let traders bet on crypto prices without the pesky expiration dates demanding their attention. Basically, it’s like betting on whether your favorite meme coin will survive the weekend. Or at least, that’s the plan.

$3.7 Trillion in Monthly Futures Volume

Crypto futures markets are growing faster than a weed in an abandoned garden. Last month, the trading volume across all cryptocurrencies hit nearly $3.7 trillion, The Block reported—quite a sum if you’re into numbers, and even more if you’re into imagining that much digital cash just sitting around. đŸ€Ż

This explosive growth demonstrates the kind of demand that would make even the most stoic regulator crack a smile, or at least a grimace, as they try to keep up with the whirlwind of derivatives like perpetuals. Meanwhile, the U.S. regulators seem to be moving in slow motion, which is somehow both reassuring and infuriating.

CFTC Commissioner to Lead Blockchain Association

Mersinger will be leaving the CFTC on May 30, presumably to escape her current job’s paperwork circus and take on the role of CEO at the Blockchain Association—a major crypto lobbying group in Washington, D.C. because nothing says ‘trustworthy’ like a lobby group that’s basically a fancy way of saying “we talk a lot and do very little.”

She has previously urged the CFTC and the SEC to collaborate on clear digital asset regulation, possibly to avoid the chaos of having two separate clowns trying to run the same circus. Her move could help unify the industry’s voice in shaping U.S. crypto policy—or at least make it sound like they’re speaking with one coherent (if slightly confused) voice.

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2025-05-23 05:44