CFTC Clears Path for True Crypto Perpetual Futures

The Commodity Futures Trading Commission (CFTC) has granted no-action relief to designated contract markets, allowing them to convert certain perpetual-style digital commodity futures contracts into true digital commodity perpetual futures.

This move follows recent regulatory guidance clarifying the treatment of perpetual futures tied to Bitcoin and other digital commodities with deep, active, and continuous spot markets.

The no-action relief permits exchanges to convert contracts that previously mimicked perpetual futures but may have had structural differences into true perpetual futures, aligning them with the CFTC's regulatory framework.