FTX Proposes Changes to U.S. Crypto Regulations - Aliens: AI Crypto News & Markets Updates

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FTX Proposes Changes to U.S. Crypto Regulations

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Crypto Briefing

Fri, Dec 03, 2021

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FTX has published a document suggesting regulatory changes that could produce more flexible options for exchanges.

Crypto exchange FTX has published a document suggesting changes to U.S. regulations that could provide greater flexibility.

FTX has weighed in on cryptocurrency regulation, publishing a document earlier today that changes to U.S. regulatory policy.

Primarily, FTX suggests that exchanges should be able to select a single primary regulator.

As some exchanges deal with both spot trading and derivatives trading, FTX suggests a framework that allows an exchange to “elect one market regulator as its primary regulator.” This approach would undoubtedly be useful to FTX itself, which operates both a spot exchange and a derivatives exchange.

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