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Digital Assets

FIA supports innovation in digital assets and smart regulation that allows products to prosper or fail on their merits. Our organization and our members make room for innovation and growth while still protecting customers and markets.

Crypto derivatives - 'Same activity, same risk, same regulation'

In his remarks at the FIA Boca conference, President and CEO Walt Lukken welcomed the excitement and innovation brought into cleared derivatives markets by cryptocurrency and digital asset firms.

He also pointed to the shared values that should guide future growth in these markets. Namely, that digital asset markets should be free from fraud, that they must prioritize market integrity so price discovery and hedging can happen efficiently, and that these markets are be fair where all participants are treated the same for the activities they perform, the risks they generate or the products they trade.

Read text of the full speech

  • Statement to House Ag Committee Hearing on "Changing Market Roles: The FTX Proposal and Trends in New Clearinghouse Models"

    Prepared statement of Walter L. Lukken delivered to the US House of Representatives Committee on Agriculture at 12 May, 2022, hearing titled "Changing Market Roles: The FTX Proposal and Trends in New Clearinghouse Models"

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  • US Congress questions industry on merits and risks of FTX's non-intermediated model 

    US lawmakers questioned experts in the derivatives industry on May 12 about the recent proposal from FTX US Derivatives to clear margined products using a non-intermediated model. The hearing conducted by the US House of Representatives Committee on Agriculture was titled "Changing Market Roles: The FTX Proposal and Trends in New Clearinghouse Models," and featured testimony from FIA President and CEO Walt Lukken.

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  • FIA PTG responds to CFTC Request for Comment on FTX Request

    In a letter filed today, the FIA Principal Traders Group (FIA PTG) responded to the Commodity Futures Trading Commission's (CFTC) Request for Comment on the FTX Request for Amended DCO Registration Order.

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  • US lawmakers quiz CFTC on digital assets

    The US House Agriculture Committee held a hearing on 31 March featuring Rostin Behnam, chairman of the US Commodity Futures Trading Commission, to discuss the agency's current priorities and upcoming work areas. The hearing, titled "The State of the CFTC," was dominated by questions related to the regulation of futures based on bitcoin and other digital assets.

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