CFTC Greenlights Bitcoin Perpetual Contracts on Regulated Exchanges
The CFTC issued a policy statement clarifying how perpetual contracts — a product type common in crypto markets — can be listed on designated contract markets (DCMs), and simultaneously issued an order permitting a bitcoin spot-price perpetual contract to be listed as a futures contract. Additional perpetual contracts referencing other asset classes will be reviewed on a case-by-case basis under existing CFTC regulations. Compliance officers at crypto exchanges and custodians should note this signals formal regulatory acceptance of perpetual contracts within the CFTC-regulated futures framework, which carries associated AML, reporting, and customer protection obligations.
What to do
- Review your product roadmap to determine whether any perpetual contract offerings would fall under CFTC DCM jurisdiction, and consult with legal counsel on the registration, AML program, and reporting requirements that would apply.
Who this affects
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Source
Read the official publicationThis radar entry is educational and does not constitute legal advice. Summaries are AI-assisted and grounded in the linked official source; always verify against the primary source and consult qualified legal counsel for jurisdiction-specific guidance.