“Its proposal with the CFTC to offer central clearing of margin products to retail customers will be seen in a different light,” said Ian Katz, a managing director at Capital Alpha Partners, in a Tuesday research note. Bankman-Fried has been on a Washington charm offensive in recent weeks, Katz wrote, but this development will mean the company’s “advocacy role in D.C. will, at the very least, be diminished.”
FTX’s Push for US Crypto Clearing Left In Suspense By Binance Deal
