CFTC Cracks Open U.S. Market for Bitcoin and Crypto Perpetual Futures

The U.S. Commodity Futures Trading Commission (CFTC) approved the first Bitcoin perpetual futures contract on a U.S. exchange (KalshiEX’s BTCPERP) and granted Coinbase access to global crypto derivatives markets. This marks a significant regulatory shift, enabling U.S. traders to participate in previously offshore-dominated perpetual futures and options markets through a CFTC-regulated framework.