CFTC Chairman: The surge in interest in cryptocurrencies will lead to more clearing houses

According to foreign media, CFTC Chairman J. Christopher Giancarlo said at a meeting of the US House of Representatives Agriculture Committee on Wednesday that the CFTC expects more companies to apply for federally regulated clearing houses due to a surge in interest in cryptocurrencies. It is reported that crypto-derivative supplier LedgerX has been operated as a clearing house, and platforms like Bakkt are still waiting for the CFTC to approve its application to become a Derivatives Clearing Organization (DCO).