U.S. Approves Crypto Perpetual Futures Trading

The U.S. Commodity Futures Trading Commission (CFTC) has granted approval for cryptocurrency perpetual futures trading, marking a significant expansion of the U.S. crypto derivatives market. This move is spearheaded by Summer Mersinger, who now leads the CFTC’s efforts in this area following Kristin N. Johnson’s departure. The decision aims to bolster liquidity in the crypto space and attract institutional investment. 📈