U.S. CFTC opens crypto 'perp' door with first approval at Kalshi
Crypto
The CFTC has granted its first approval for crypto perpetual futures contracts to Kalshi, a regulated prediction market platform, establishing a regulatory framework for U.S. firms to offer perp products. This opens the door for major crypto exchanges and derivatives platforms to pursue similar approvals, potentially expanding U.S. retail and institutional access to the most liquid crypto derivative product globally.
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↑ LONG+8% target-6% stop3-6 weeks
Long COIN as CFTC perp approval unlocks a massive new revenue stream for U.S.-regulated crypto exchanges chasing the dominant global derivatives product.