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CFTC May Approve Bitcoin Derivatives Platform Move Onshore in April

According to reports, the CFTC (U.S. derivatives regulator) is considering approval of a Bitcoin derivatives engine valued at $85 billion to operate within the United States, potentially reshaping the digital asset futures market.

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Terms & Concepts
  • CFTC (U.S. derivatives regulator): The Commodity Futures Trading Commission oversees and regulates futures and derivatives markets in the United States.
  • Derivatives: Financial contracts whose value is derived from an underlying asset such as Bitcoin.
  • Onshore: In finance, refers to moving trading or operations within domestic regulatory jurisdiction.