CFTC Opens Door to 24/7 Onshore Crypto Perpetual Futures With New Advisory
Updated
Updated · Bloomberg · May 29
CFTC Opens Door to 24/7 Onshore Crypto Perpetual Futures With New Advisory
2 articles · Updated · Bloomberg · May 29
Friday’s CFTC staff advisory said crypto-linked perpetual futures could trade on registered U.S. platforms if they satisfy agency conditions, marking a path for a product long concentrated offshore.
The guidance focuses on 24/7 trading, clearing and settlement, giving registered firms a framework to launch the contracts while complying with U.S. derivatives law.
A separate policy statement said the agency will review proposed perpetual futures contracts case by case rather than grant blanket approval.
The move could bring one of crypto’s most popular leveraged trading instruments into the regulated U.S. market, potentially shifting activity from overseas venues.
With high-risk crypto futures now approved, can US regulators prevent the next multi-billion-dollar market meltdown?
Crypto markets trade 24/7, but clearing systems don't. Can Wall Street solve this fundamental mismatch?
U.S. Crypto Derivatives Markets Go 24/7: CME, Coinbase, and the Regulatory Push to Repatriate Trading Volume
Overview
The U.S. crypto derivatives market is entering a new era as CME Group launches 24/7 crypto futures trading, following Coinbase’s earlier introduction of CFTC-regulated perpetual futures. This shift allows major cryptocurrencies like Bitcoin, Ethereum, and others to be traded almost continuously, with only brief maintenance breaks. By offering a comprehensive suite of products and near-round-the-clock access, U.S. exchanges aim to boost competitiveness, attract liquidity, and reclaim trading volume from offshore platforms. These developments mark a pivotal step toward a more mature, accessible, and regulated environment for digital asset derivatives in the United States.