CFTC to Issue Guidance on Crypto Perpetual Futures Within Weeks, Focusing on Structure and Compliance

The U.S. Commodity Futures Trading Commission will publish guidance on crypto perpetual futures within weeks, a move that could enable these contracts to return to U.S.-regulated venues after years of offshore trading, Blockonomi reports. The framework is expected to emphasize structure and compliance requirements including platform registration, clearing through derivatives clearing organizations, market surveillance, margin standards, and disclosures for perpetual funding mechanics, according to JDSupra. Chair Mike Selig has indicated the agency aims to enable "true perpetual" contracts with safeguards for centralized and decentralized venues, potentially using exemptive relief to allow product launches without new statutes, KuCoin News and Pillsbury Winthrop Shaw Pittman LLP report.