What American crypto asset perpetuals mean for the future of crypto
For years, one of the most significant crypto asset markets has existed entirely outside the United States. Today, that changes, explains CFTC Chairman Selig.
AI Summary
The CFTC has approved the listing of a bitcoin perpetual contract on a CFTC-registered exchange, marking the first time this significant crypto asset market segment operates within U.S. regulatory framework. Perpetual contracts are derivative instruments with no fixed expiration date that use periodic funding rate payments to maintain price alignment with underlying assets, making them essential for 24/7 crypto markets. This regulatory approval advances President Trump's goal of establishing America as the crypto capital of the world and provides a compliant pathway for one of the most liquid segments of global crypto markets to operate in the United States.