The US Commodity Futures Trading Commission (CFTC) wants to hear from the public about a new proposal: federally regulated futures exchanges offering spot crypto trading.
The CFTC wants to allow designated Contract Markets (DCMs) – like CME Group or ICE Futures US – to offer crypto spot trading, ones of which are physically settled.
Nevertheless, the CFTC seeks feedback from the public and interested stakeholders. This includes input about potential safeguards and any implications under the SEC’s current securities laws.
Better still, the ecosystem is built for long-term growth. A whopping 30% of its total $HYPER supply is set aside for development, so anticipate advancements and upgrades in the future.
An additional 20% of $HYPER goes toward marketing to help drive adoption. Plus, the token’s used for lower gas fees, governance participation, and staking rewards currently at a 152% APY.
Best Wallet also has lots to look forward to in the pipeline, including the launch of its crypto debit card (Best Card), an NFT gallery, and stop-loss orders.
To get the most out of the ecosystem, however, you’ll want to purchase $BEST. Then, you can also enjoy even lower gas fees, governance rights, and staking rewards at a sizable 93% APY.
Showing the weight of the coin, $BEST has already raised over $14M on presale, despite one coin currently only costing $0.025435.
The CFTC’s move toward regulated crypto spot trading signals yet another move to legitimize digital assets in the US, alongside other federal efforts like the GENIUS Act and Project Crypto.
Whether you’re interested in Bitcoin dApps, RWA tokenization, or exclusive access to presales, each token opens utility to help capitalize on the next wave of adoption.
This isn’t investment advice. DYOR and never invest more than you’d be sad to lose.
