U.S. CFTC opens crypto 'perp' door with first approval at regulated firm
The U.S. Commodity Futures Trading Commission (CFTC) has granted its first approval for a regulated exchange, Kalshi, to list bitcoin perpetual futures contracts. Additionally, the agency provided guidance allowing a Coinbase affiliate to connect U.S. customers to global crypto derivatives markets.
Why it matters
This decision marks a significant regulatory shift, bringing a popular and lucrative segment of the crypto derivatives market under U.S. oversight and potentially increasing institutional participation.
U.S. CFTC opens crypto 'perp' door with first approval at regulated firm
The article reports on regulatory developments in a factual, straightforward manner without using loaded language or taking a stance on the policy.
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