Regulation· ★★★★· bullish·

CFTC no-action letter lets exchanges convert crypto futures into true perpetuals

  • —CFTC issued a no-action letter allowing DCMs to convert crypto futures into true perpetuals
  • —Bitnomial sought relief for 16 contracts, Coinbase Derivatives for 22
  • —Relief runs until June 30, 2026, with amendments to be certified under Reg 40.5/40.6
  • —Only contracts tied to digital commodities with deep, active spot markets qualify
Why it matters: It streamlines the launch of perpetual futures in the US and reduces regulatory uncertainty for exchanges and traders.
#BTC
Source: Crypto Briefing
More on this
Regulation · Sep 29
SEC issues no-action letter to Tesla, clearing path for Robinhood retail shareholder voting plan
 Regulation · Sep 17
CFTC issues no-action position for passive software providers
 Regulation · Oct 2
SEC and CFTC push nine crypto actions since August as $113,000 Bitcoin case builds