CFTC approves first equity-based perpetual futures contracts for US trading

The US CFTC approved the first perpetual futures contracts based on equities to trade on US exchanges, classifying them as security futures under the Commodity Futures Modernization Act. CFTC Chair Michael Selig announced the approval, with venues including Coinbase Derivatives, Kalshi and Bitnomial. The products are a popular offering among crypto exchanges.

Detected & updated continuously · Source: Nebula