CFTC has approved a regulated exchange to list and trade Bitcoin perpetual futures contracts

Odaily Planet Daily News The U.S. Commodity Futures Trading Commission (CFTC) announced it has approved a registered trading platform to list Bitcoin perpetual contracts, marking the first time a U.S. regulator has explicitly allowed compliant institutions to participate in crypto perpetual contract trading, opening an institutional channel for this type of derivative in the U.S. market.

The CFTC stated that this approval aims to provide a feasible regulatory framework for the market under the premise of "limiting excessive leverage and systemic risk" while promoting the return of related trading to the United States. CFTC Chairman Mike Selig stated that perpetual contracts are a "fundamental risk management and price discovery tool" in the global crypto market, adding that this policy helps the U.S. consolidate its position as a "global crypto hub."

Analysts pointed out that this decision signifies a further step by U.S. regulators toward "institutional acceptance" in the field of crypto derivatives. However, the current policy still exists in the form of guidance and approvals, without formal rules having been established yet, and may be subject to adjustments with future regulatory changes. (CoinDesk)