Wall Street veteran Don Wilson says regulators are getting perps all wrong
CoinDesk·
60-second summary
Don Wilson, CEO of DRW, a Wall Street veteran, is pushing back against regulators' views on perpetual futures, calling them unfairly maligned as crypto gambling tools. He argues that these contracts, popular in traditional markets, can provide liquidity and stability to crypto markets. Regulators should reconsider their stance on perpetual futures.
DRW CEO Don Wilson says perpetual futures aren't inherently risky crypto gambling tools, and it’s time traditional markets and regulators start embracing them.