- Ripple co-founder Chris Larsen has invested in APEC, a derivatives exchange startup founded by Senator Kirsten Gillibrand's son, raising ethical concerns.
- APEC plans to offer perpetual futures for equities and equity indices and is seeking regulatory approval from the CFTC.
- The investment and the senator's role in shaping crypto legislation create a complex regulatory and political landscape for APEC.
Topics: Jurisdictions, Legal regulatory, Institutional adoption, Regulatory sandboxes pilots, Securities law classification, Banking depository pilots
Tags: #chrislarsen #ripple #apec #kirstengillibrand #derivativesexchange #perpetualfutures #cftc #regulatoryapproval #ethicsquestions #cryptolegislation
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