CFTC approves first fully regulated Bitcoin perpetual futures contract in the US

The US Commodity Futures Trading Commission (CFTC) has approved the listing of a fully regulated Bitcoin (BTC) perpetual futures contract, according to a Friday X post by Chairman Mike Selig.

CFTC approves first fully regulated Bitcoin perpetual futures contract in the US. The US Commodity Futures Trading Commission (CFTC) has approved the listing of a fully regulated Bitcoin (BTC) perpetual futures contract, according to a Friday X post by Chairman Mike Selig. The approval centers on the BTCPERP contract from Kalshi, a perpetual futures product with no fixed expiration date. CFTC greenlights onshore Bitcoin perpetual futures market CFTC Chairman Michael Selig described the development as "a major step forward," positioning it within broader efforts to establish the United States as a global hub for digital asset innovation. US participants have largely been excluded or forced to access these instruments through less regulated venues, leading to fragmented liquidity and reduced competitiveness for domestic firms. "This marks K...