US House Panel to Weigh FTX Proposal on Clearing Customers’ Swaps Trades

US House Panel to Weigh FTX Proposal on Clearing Customers’ Swaps Trades


U.S. lawmakers have set a hearing to examine the potential can of worms opened by cryptocurrency trading platform FTX when it applied with the Commodity Futures Trading Commission (CFTC) to directly clear its customers’ margin-backed swaps transactions.

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