U.S. CFTC opens crypto 'perp' door with first approval at regulated firm

The Commodity Futures Trading Commission has now established a stance on how regulated U.S. firms can engage in crypto perpetual futures contracts. What to know : The U.S. Commodity Futures Trading Commission has given approval for bitcoin perpetual futures contracts on a regulated exchange, marking a first for U.S. perps. The derivatives regulator has now set a standard for firms to approach such contracts, which CFTC Chairman Mike Selig called a "major step forward" in adopting policies to boost the U.S. crypto space.