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Ex-FTX Unit LedgerX in Gray Area Beyond U.S. CFTC Proposal on Customer Funds: Commissioner

November 4, 2023
in Crypto Updates
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Friday’s proposal, which particulars how regulated companies should solely put buyer belongings into an expanded record of probably the most liquid of investments, would not contemplate “the context of a non-intermediated clearing mannequin the place the DCO presents direct consumer entry to its clearing providers, with out the FCM as an middleman,” mentioned CFTC Commissioner Kristin Johnson.



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