EddieJayonCrypto
23 May 25
Outgoing CFTC Commissioner Summer Mersinger indicated that the Commission may soon approve crypto perpetual futures products in the U.S., which could benefit the industry and economy by increasing market participation and liquidity. Perpetual futures allow 24/7 leveraged trading on assets like Bitco...
Outgoing CFTC Commissioner Summer Mersinger has indicated that crypto perpetual futures products may soon be approved and traded in the U.S., despite recent leadership departures that could impact the agency’s enforcement capacity.Perpetual futures allow traders to speculate on assets like Bitcoin and XRP with 24/7 leveraged trading, potentially increasing market participation and liquidity. Mersinger stated that these products will be “really beneficial to the industry broadly and to our economy here in the United States.” However, critics warn that perpetual futures carry significant investment risks.Mersinger plans to leave the CFTC to lead the Blockchain Association, joining three other commissioners—Caroline Pham, Christy Goldsmith Romero, and Kristin Johnson—who have also signaled their departures. This could leave pro-crypto Commissioner Brian Quintenz as the sole member temporarily, which may delay enforcement actions, rulemaking, and coordination efforts within the agency until new commissioners are confirmed by the Senate.The reduced number of commissioners raises concerns about the CFTC’s capacity to maintain timely regulatory actions, increasing pressure on the Senate to expedite confirmations to ensure the agency can continue adapting to the evolving digital asset landscape.