Regulation
US CFTC Lets Trust Companies Settle Derivatives, Drawing Bank Pushback on Crypto Firms
Summary The U.S. CFTC said allowing trust companies to perform derivatives settlement operations could broaden crypto firms’ expansion into financial services . Crypto firms including Nodal Clear, Coinbase and BitGo are expanding related businesses tied to USDC , derivatives trading and digital-asset custody services . Still, the decision amounts only to a conditional regulatory exemption , while political changes and the possibility of tighter CFTC oversight could shape the expansion of trust companies’ derivatives settlement business. Forecast Trend Report by Period The U.S. Commodity Futures Trading Commission has cleared trust companies to handle derivatives settlement, a move that could broaden...
bloomingbit4 min read
