But Pham sees potential benefits too: more liquidity, increased accessibility, and the ability to keep pace with global competitors. If they become more mainstream, they could have a big impact on how both crypto and traditional markets operate. The CFTC is asking for feedback on the risks and rewards of these types of products, particularly since they’re still new in the U.S. These contracts don’t have expiration dates. Another area the CFTC is looking into is perpetual futures, a derivative product that’s native to crypto. Have become a core feature of crypto exchanges. If the CFTC moves forward with 24/7 trading, U.S. It could also level the playing field with offshore exchanges that already offer continuous trading.

In contrast, traditional stock markets like the NYSE and CME have fixed hours, typically 8-10 hours daily, with breaks and days off. Fund transfers also take longer in traditional finance, sometimes taking days to settle. The idea of continuous market access, once exclusive to crypto, is slowly being adopted by the mainstream finance world, but it’s clear the change will be gradual. As this gap in accessibility becomes more apparent, traditional financial institutions are considering the benefits of extending trading hours, signaling a shift toward more continuous access to markets. Nasdaq and Robinhood are already pushing the envelope, with extended hours on some products. The SEC has even approved longer trading windows for equities, marking the beginning of a broader shift in TradFi.

More broadly, the CFTC’s exploration of market reforms signals a deeper integration between crypto-native structures and traditional U.S. With the deadline for public comments set for May 21, the request shows that the CFTC is taking crypto’s influence seriously. Passionate about the evolving world of blockchain and cryptocurrencies, he has been a dedicated voice in the industry since 2018. Prashant’s expertise lies in regulatory reporting, where he unravels complex legal and financial developments with clarity and precision. Prashant Jha is a seasoned crypto journalist based in Delhi, India – click for source – , with a Bachelor’s Degree in Computer Science Engineering. If this shift happens, it could reshape how we think about trading, making markets look a lot more like the always-on, 24/7 crypto space.

Before joining CCN in 2024, he honed his craft at Cointelegraph, establishing himself as a trusted name in crypto journalism. A sports lover, he has a particular passion for cricket and frequently engages in discussions about the game. Beyond his professional pursuits, Prashant is an avid music enthusiast, often exploring diverse genres to unwind. His coverage spans major industry events, including the high-profile collapses of FTX, Three Arrows Capital (3AC), and LUNA, offering readers insightful analyses of their regulatory and market implications. Prashant’s technical background enables him to bridge the gap between intricate blockchain technology and its real-world applications, making his work accessible to novices and experts. His multifaceted interests and sharp journalistic instincts make him a valuable contributor to CCN, where he continues shaping the crypto landscape’s narrative.