According to the CEO of the American branch of the site, Brett Harrison, the trading platform is waitingUS Commodity Futures Trading Commission (CFTC) approval.
Head of the American branch of the FTX crypto exchange BrettHarrison told Decrypt that FTX.US will allow clients to trade cryptocurrency derivatives by the end of the year. According to Harrison, the exact timing of the opening of access to crypto derivatives is difficult to name, since a lot depends on the US Commodity Futures Trading Commission (CFTC).
According to Harrison, if the FTX.US application is approved by the CFTC, the trading platform will not resemble FTX.
“FTX US and FTX are separate companies. Any derivatives traded on FTX US will be regulated by the CFTC and therefore comply with all regulatory requirements, ”Harrison explained.
FTX is one of the five largest in the worldcrypto exchange by trading volume. Over the past 24 hours, the trading volume on the site amounted to $ 11.4 billion. Over the same period, the trading volume of the American branch of the exchange (FTX.US) amounted to $ 212 million.
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