CFTC No-Action Guidance Opens Path for Domestic Perpetual Futures
- CFTC staff issued no-action guidance related to digital commodity perpetual futures.
- The relief applies to CFTC-registered designated contract markets, not offshore unregulated exchanges.
- Guidance could help domestic venues convert perpetual-style products into true perpetuals under conditions.
- Conditions include participant feedback, exit options, and risk disclosures.
This development is significant as it allows US-based exchanges to offer products similar to those dominating the global crypto market, potentially increasing liquidity and regulatory oversight in the US market.
The move may facilitate more activity within supervised US markets by providing a clearer path for offering perpetual futures domestically, enhancing compliance pathways and institutional confidence over time.
(Source)
