$BTC Blockchain Association Presses SEC and CFTC for Joint Equity Perpetuals Framework
The Blockchain Association asked the SEC and CFTC to build a joint rulebook for equity perpetuals to curb offshore trading risks and clarify overlapping jurisdictions.
The Blockchain Association asked the SEC and CFTC to build a joint rulebook for equity perpetuals to curb offshore trading risks and clarify overlapping jurisdictions.
The letter, reviewed by CoinBatmi, argues that jurisdictional uncertainty has pushed U.S. retail and institutional traders toward offshore venues offering equity-linked perpetuals with leverage up to 100x. Those platforms operate without U.S.
investor protections, custody standards, or reporting obligations. The Association estimates that U.S. CoinGecko data shows participants account for 35-40% of global equity perpetual volume despite the absence of a domestic regulated venue.
Watch
$BTC for the next session - if this move holds, it changes the read.
$BTC #BTC #CryptoRegulation #CryptoNews