CoinDesk·3 min read·medium
Wall Street veteran Don Wilson says regulators are getting perps all wrong
H
Helene Braun
✦AI Summary
Wall Street veteran Don Wilson argues that perpetual futures contracts are being misunderstood by regulators who conflate the contract structure with specific exchange-based features like high leverage and auto-deleveraging. He suggests that digital payment rails offer opportunities to improve risk management compared to traditional clearinghouse models.
Perpetual futures have become one of crypto's defining financial products, but DRW CEO Don Wilson says much of what people think they know about them is wrong.
businesscryptoeconomy
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