US Crypto Exchanges Prepare for Perpetual Futures Launch Amid Regulatory Shift

Perpetual futures, a high-risk derivative product, have been gaining popularity globally due to their ability to offer high leverage and flexibility in trading.

The US Commodity Futures Trading Commission (CFTC) is expected to make a regulatory change that could allow the trading of perpetual futures on domestic exchanges.

Several major players in the crypto industry are taking steps to prepare for this shift, including Kraken's parent company, which has acquired Bitnomial, a derivatives platform offering perpetual futures.

Meanwhile, Coinbase has introduced long-dated futures contracts that mimic the features of perpetuals, and Robinhood is exploring similar products in the US.