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CFTC Chairman Mike Selig says cryptocurrency perpetual futures are beginning to move onshore in the U.S., marking what he calls a “watershed moment” for regulated digital asset markets.
“This Is Just The Beginning, Not End“
In an interview with Bankless on June 15, Selig remarked the CFTC’s recent approval of a Bitcoin (CRYPTO: BTC) perpetual futures contract on a registered U.S. exchange represents a major shift away from years of offshore crypto derivatives activity.
“We want the industry to survive, to thrive and to build here in the U.S,” he vouched.
The comments came after the CFTC approved a Bitcoin perpetual futures contract listed by KalshiX and issued a no-action letter allowing Coinbase (NASDAQ:COIN) customers to access …
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