The report says the CFTC (U.S. derivatives regulator) could move toward full approval of crypto perpetual futures (futures contracts without expiry), prompting industry participants to get ready.
A report indicates that the U.S. Commodity Futures Trading Commission, or CFTC (U.S. derivatives regulator), may fully approve cryptocurrency perpetual futures (futures contracts without expiry). The prospect of approval is leading firms to prepare for potential market changes. Perpetual futures are a widely used crypto derivatives product outside the United States because they allow traders to maintain positions without a fixed settlement date, typically using funding payments to keep contract prices close to spot markets. If approved, the move would mark a notable development for the U.S. crypto derivatives market, where regulation has generally been stricter than in offshore venues.