NYSE parent ICE pushes ‘level playing field’ for 24/7 onchain perps
60-second summary
NYSE parent ICE's CEO is pushing regulators to create a "level playing field" for launching 24/7 onchain perpetual contracts, already trading on exchanges like Hyperliquid, with over 1 million users. This move aims to standardize onchain derivatives, potentially increasing liquidity and adoption, which could boost the overall cryptocurrency market's credibility and mainstream appeal.
ICE’s CEO said regulators need to create a “level playing field” for launching 24/7 onchain perps contracts, which are already trading on exchanges such as Hyperliquid.