CFTC opens door for crypto perpetual future contracts in US as Coinbase, Kalshi move forward
60-second summary
The Commodity Futures Trading Commission (CFTC) is opening the door for crypto perpetual future contracts in the US, allowing companies like Coinbase and Kalshi to offer these products. This move enables the listing of perpetual futures contracts with no expiration dates, potentially increasing trading volumes and liquidity for these companies.
The CFTC opened the doors for perpetual futures contracts, giving way for Kalshi and Coinbase to offer those products.