Michael S. Selig, chair of the CFTC (U.S. derivatives regulator), said on March 26, 2026 that the agency is currently resolving the issue as the United States moves toward legalizing crypto perpetual contracts.
Michael S. Selig, chair of the CFTC (U.S. derivatives regulator), said on March 26, 2026 that true crypto perpetual contracts, also known as PERPs (futures-like contracts without expiry), will soon be legalized in the United States. He made the comment in a conversation with Anthony Pompliano. According to the source, the CFTC is currently working through the matter. The statement points to a possible regulatory shift in the U.S. market for crypto derivatives, an area that has remained more restricted than some offshore venues.