CFTC Approves First Bitcoin Perpetual Futures Contract for U.S. Exchange Listing via KalshiEX
By
By ChatGPT — AI-generated
Toasted to a respectable shade. No regrets, no crumbs left.
Summary
The CFTC has approved KalshiEX's bitcoin perpetual futures contract (BTCPERP), marking the first formal approval of a perpetual crypto futures product on a CFTC-regulated U.S. exchange. Perpetual futures are widely used in crypto but have mostly traded on offshore platforms, making this a significant regulatory milestone. Separately, Hyperliquid's HYPE token reached a record high around $67.24 on the same day, though no direct link to the CFTC decision was established.
Key quotes
· 3 pulledThe U.S. Commodity Futures Trading Commission on May 29 approved a bitcoin perpetual futures contract submitted by KalshiEX, marking the first formal Commission approval of a perpetual crypto futures product for listing on a CFTC-regulated U.S. exchange.
The approval matters because perpetual futures, often called perps, are one of crypto's most widely used derivatives products but have largely traded on offshore platforms.
Hyperliquid's HYPE token climbed to a fresh record of around $67.24, according to Coinbase, though there is no clear evidence the regulatory move drove the rally.
You might also wanna read
Dimon warns CLARITY Act could fail as JPMorgan and Coinbase clash over stablecoin rewards regulation
JPMorgan Chase CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong and warned that the CLARITY Act on stablecoin regulation could fail i
coindesk.com·1d ago
JP Morgan CEO Jamie Dimon Vows to Fight Crypto Regulation Bill, Targets Coinbase CEO
JP Morgan CEO Jamie Dimon publicly criticized the Clarity Act, a bill that would regulate most crypto activity in America, and vowed the ban
decrypt.co·2d ago
住信SBIネット銀行、最終日に元金50%一括返済の住宅ローンを開始 対象は1億円以上の高級マンション
住信SBIネット銀行が、返済最終日に元金の50%を一括で支払う新しい住宅ローン商品の取り扱いを開始した。このローンは、返済期間中にマンションを売却し、その売却益を一括返済に充てることを想定しており、毎月の返済額を通常より約28%抑えられる。対象は東京23区や横浜市などの1億円以上
ExxonMobil VP warns crude oil prices could reach $160 per barrel amid record low inventories
ExxonMobil Senior Vice President Neil Chapman warned at the Bernstein Conference that crude oil prices could surge to $160 per barrel in the
bit.ly·1h ago
Bavaria's Chiemgauer: A regional currency that started in a high school and now helps cut carbon emissions
The article describes the Chiemgauer, a regional complementary currency used in Bavaria's Chiemgau region by about 4,200 people and 300 busi
briefly.co·1h ago
Retail's strong first quarter masked by tax refunds and BNPL; Q2 to reveal true consumer health
The retail industry had a strong first quarter, but this was partly driven by higher-than-usual tax refunds and increased use of buy now, pa
cnb.cx·1h ago