CFTC Opens Door for Crypto Perpetual Futures in the US

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The CFTC has opened a path for regulated perpetual futures in the U.S., giving firms like Kalshi and Coinbase a clearer route to list crypto derivatives. The move could bring a major offshore trading product into the domestic market under U.S. oversight. It may expand access for traders and institutions, but the current guidance still sits at staff level rather than full rulemaking. The shift also raises operational questions around 24/7 trading, clearing, settlement, and risk management.

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