The SEC and CFTC are considering a move to 24/7 capital markets and regulations for crypto derivatives. They aim to provide regulatory clarity for event contracts and perpetual futures, stating that expanding trading hours could align US markets with the global economy. However, this shift could increase risk for traders.

The Trump administration’s crypto report in July directed the SEC and CFTC to establish cooperative oversight over the crypto sector. The CFTC has the authority to regulate spot crypto markets, while the SEC oversees tokenized securities. The report also recommended the development of quantum-resistant architecture to safeguard cryptographic protocols.

The CFTC announced a pathway for offshore crypto exchanges to serve US clients through the Foreign Board of Trade framework. The Trump administration’s report also recommended the development of quantum-proof digital assets to secure banking, finance, and military applications. The SEC’s Crypto Assets Task Force is currently reviewing a proposal for quantum-proof digital assets.

Read more at Cointelegraph: SEC and CFTC Propose Shift to 24/7 Financial Markets in the US