CFTC Chair: Margin Model and Controls for Derivatives Market Integrity to be Applied to Crypto Market
In an interview with CNBC, Mike Selig, the Chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that there will be no 'race to the bottom' regarding leverage issues. The CFTC will apply the mature margin models and risk control measures that have long been used in the derivatives market to maintain market integrity to the crypto market.
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