The CFTC Just Took a Major Step Toward Mainstream Crypto Derivatives

[bonk]

The US Commodity Futures Trading Commission (CFTC) has approved Bitcoin perpetual futures contracts for Kalshi while also providing regulatory relief that affects Coinbase's crypto derivatives ambitions. The decision marks one of the strongest signals yet that US regulators are becoming more comfortable with certain forms of crypto-based financial products.

Perpetual futures are among the most popular instruments in global crypto markets because they allow traders to speculate on price movements without owning the underlying asset. Until now, much of this activity has taken place outside the United States. The latest regulatory developments could help bring a larger share of crypto derivatives trading into regulated US markets, potentially increasing institutional participation and market transparency.

[kevin1]

the cftc's decisions could encourage more innovation inside regulated markets rather than outside them