U.S. CFTC opens crypto 'perp' door with first approval at regulated firm

The Commodity Futures Trading Commission has now established a stance on how regulated U.S. firms can engage in crypto perpetual futures contracts.

U.S. crypto firms can offer perpetual futures contracts, or "perps," without running afoul of the U.S. Commodity Futures Trading Commission, according to the agency's first approval of an unnamed exchange to list and trade bitcoin perpetuals, the…