Foreign media reports that Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that regulators are about to pave the way for the legalization of perpetual futures in the United States. The related policy is expected to be announced publicly in about a month. He emphasized that this will be part of multiple digital asset regulatory measures and will be coordinated with the U.S. Securities and Exchange Commission (SEC).
Perpetual Futures Coming to the U.S.? CFTC Chairman Promises Policy Within a Month
Selig pointed out at an event that crypto perpetual futures have long developed outside the U.S., mainly due to regulatory uncertainties in the past, which led to liquidity and operators moving overseas. He straightforwardly said, “The previous administration pushed many companies and liquidity abroad.”
Perpetual futures are derivatives without an expiration date, often leveraged, and account for a significant share of global crypto trading volume. However, the U.S. has yet to establish a clear regulatory framework domestically. Selig stated that the CFTC is working to enable genuine professional futures products to land in the U.S. within the next month and hinted that an official announcement will be made soon.
“Project Crypto” Explores Innovative Exemptions for Crypto Industry and DeFi
On the same day, Selig appeared alongside SEC Chairman Paul Atkins. Their collaboration in the digital asset field is called “Project Crypto.” Both are exploring so-called “innovation exceptions” to allow the crypto industry to experiment under certain conditions without excessive regulatory concerns. The CFTC will develop clearer regulatory positions for decentralized finance (DeFi) developers to end years of chilling effects caused by enforcement and uncertainty.
Market Predictions Also Expected to Receive Clear Guidelines
In addition to crypto derivatives, Selig also indicated that prediction markets will soon receive clear regulatory guidance. Meanwhile, regulators are working to establish a more comprehensive formal rulemaking process, ensuring that positions are not just administrative guidelines but have long-term stability.
Currently, the regulatory authority over prediction market platforms remains contested, with both state-level gambling regulators and the federal CFTC asserting jurisdiction. Platforms like Polymarket and Kalshi, which deal with event-based contracts, are caught in multiple regulatory struggles. Selig said that different regulatory systems can coexist, but the CFTC will actively defend its leading role in the judicial arena.
This article, “Cryptocurrency Perpetual Futures Legalization? CFTC Chairman: Policy to be Announced Within a Month,” was first published on Chain News ABMedia.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
EDGE (Definitive) 24-hour increase of 163.59%
Gate News Bot message, March 04, according to CoinMarketCap data, as of press time, EDGE (Definitive) is currently trading at $0.27, up 163.59% in the past 24 hours, with a high of $0.30 and a low of $0.08. The 24-hour trading volume reached $18.4 million. The current market capitalization is approximately $74.1 million, an increase of $46 million from yesterday.
EDGE is the utility token of the Definitive platform, designed to enhance the user trading experience. Users can stake EDGE to enjoy lower trading fees, priority access to new features, and unlock exclusive rewards.
Definitive is an on-chain advanced trading platform that supports trading any asset on any public blockchain. The platform offers market orders, limit orders, and TWAP, among others.
GateNews30m ago
Iran conflict escalation drives surge in Bitcoin demand, with large amounts of funds withdrawing from platforms and moving into personal wallets
As tensions in the Middle East escalate, cryptocurrency trading in Iran has significantly increased, with users大量 buying Bitcoin and transferring it to personal wallets to protect their assets. The platform Nobitex has experienced a surge in withdrawals, indicating a reduced reliance on centralized services. Historically, during geopolitical conflicts, cryptocurrencies often serve as tools for cross-border transfers and risk mitigation. Users diversify assets to reduce risk but also need to bear the responsibility of private key management. Amid increasing global market uncertainty, some funds are flowing overseas, with investors turning to Bitcoin to hedge against banking restrictions.
GateNews41m ago
Ripple payment volume exceeds 100 billion USD, XRP Binance liquidity hits new low
Ripple announces that its payment platform transaction volume has surpassed $100 billion, covering over 60 markets, demonstrating the success of its cross-border payment solutions. However, XRP's liquidity index on Binance has dropped to a new low, indicating a significant decline in trading activity, which could impact price volatility risk. Analysis points out that even with business growth, low liquidity does not necessarily immediately improve market conditions.
MarketWhisper46m ago
Middle East conflict impacts Asian stock markets, Bitcoin holds at $67,000, Ethereum and Solana come under pressure and retreat
Middle Eastern geopolitical tensions continue, and risk aversion in Asian financial markets intensifies, leading to significant declines in major stock indices. Bitcoin experiences a slight dip but remains within a key range, with market focus on institutional funding and ETF inflows. Mainstream cryptocurrencies like Ethereum and Solana pull back as risk appetite contracts. Uncertainty in the macro environment and volatility in the energy markets increase market pressure.
GateNews1h ago
Gate ETF's February trading volume exceeded $16 billion, maintaining the top spot in ETF trading volume across the entire network. It now supports nearly 320 ETF trading pairs.
Gate ETF business achieved a trading volume of 16.277 billion USDT in February 2026, ranking first in monthly trading volume across the entire network. Supporting nearly 320 ETF trading pairs, it optimizes liquidity and trading efficiency to meet diverse investment needs. At the same time, it introduces a new leveraged token trading model in conjunction with traditional financial assets.
GateNews3h ago
