CFTC Chair Michael S. Selig announced that true crypto perpetual contracts (PERPs) are set to be legalized in the U.S. within weeks. Speaking on March 26, 2026, Selig highlighted the CFTC's efforts to finalize the regulatory framework for PERPs, replacing the existing 50-year "quasi-perps" workaround. He emphasized that the new regulations will provide necessary guardrails, marking a significant advancement for the crypto industry and benefiting the American public.
CFTC to Legalize True Crypto Perpetual Contracts in the U.S.
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