TREE NEWS reports: Former SEC and CFTC officials are advocating for a more lenient regulatory approach to bring crypto perpetual futures trading onshore, warning that burdensome rules will keep the $90 trillion market offshore. They urge the agencies to act despite the Clarity Act being stalled in Congress.
Former SEC, CFTC Officials Urge Lighter Touch to Onshore Crypto Perps
This signals a potential shift in regulatory sentiment from former insiders, which could influence how current agencies approach crypto derivatives. The mention of a $90 trillion offshore market highlights the scale at stake, suggesting that U.S. policy may be driving liquidity abroad. The stalled Clarity Act adds friction, making agency-level action the more immediate lever. Whether regulators adopt a lighter touch without legislative backing is the key question, as it would test the boundaries of their existing authority and could set a precedent for other crypto products.
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