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Well reasoned and compelling case by @JBSDC @paradigm for @CFTC to permit #DeFi trading of spot #crypto assets. Worth a read.

Aug 20, 23:46
This week, Paradigm filed a comment with the CFTC on its quick request for comment on how to list spot crypto for trading on designated contract markets.
Our comment is, frankly, pretty simple: we believe any trading of spot crypto shouldn’t disadvantage DeFi.

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