CFTC lets trust companies settle derivatives trades as banks sue to stop crypto charters
Photo: Cryptopolitan
The CFTC cleared crypto firms with federal trust charter approvals to settle daily trades after the regulator’s clearing division issued an early November letter confirming that it will not pursue enforcement against derivatives clearinghouses that choose these trust companies over traditional banks. While the letter lands as a boost for the firms that have acquired...
Source: Cryptopolitan
