The Commodity Futures Trading Commission opened the door for crypto perpetual futures trading in the U.S. on Friday, paving the way for Coinbase Global Inc (NASDAQ:COIN) and prediction market platform Kalshi to expand into one of crypto's largest offshore-dominated markets.
The Change
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The Division of Clearing and Risk, Division of Market Oversight and Market Participants Division issued a staff advisory addressing risks tied to 24/7 derivatives trading and clearing, The Block reported.
The advisory is not a formal rule change, but it signals regulatory acceptance of perpetual futures products operating under existing U.S. frameworks.
