CFTC Backs Crypto Perpetual Contracts, Issues Advisory on 24/7 Trading

Cointelegraph Staff

(08:52 PM UTC)

1 min read

The US Commodity Futures Trading Commission (CFTC) took positions on cryptocurrency perpetual futures contracts and how the industry may be more suited for “24/7 trading, clearing, and settlement.”

In a Friday notice, the CFTC said it had approved perpetual futures contracts tied to the spot price of Bitcoin for prediction markets platform Kalshi. The company announced at about the same time that…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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