On May 29, the CFTC Chairman announced that the crypto perpetual futures market is entering the U.S. after years of operating offshore. Kalshi and Coinbase received permission to bring these futures to U.S. investors. CME Group launched 24/7 trading for Ethereum futures, and VanEck introduced the first U.S.-listed ETF tied to Binance Coin (BNB). The market experienced significant volatility, with the synthetic SpaceX perpetual contract crashing by 45% within 30 minutes, wiping out over $1.5 million in leveraged positions.
The CFTC has approved the integration of crypto perpetual futures into regulated U.S. markets, enabling platforms like Coinbase to offer high-leverage derivatives.
Read the full storyCME Group has enabled 24/7 trading for Ethereum futures to meet global demand for continuous market access and provide institutional investors with enhanced risk management tools.
US regulators signal a cautious approach to round-the-clock trading, citing suitability concerns for traditional financial sectors.
Nomura's digital asset arm secured conditional OCC approval for a national trust bank charter, marking a major step for institutional crypto integration in the US.
A synthetic SpaceX perpetual contract suffered a 45% flash crash on Thursday, triggering $1.5 million in liquidations within 30 minutes.
The CFTC has approved KalshiEX LLC to list regulated Bitcoin perpetual futures, aiming to bring offshore crypto liquidity into a US-regulated framework.
The CFTC Chairman confirmed the entry of crypto perpetual futures into the U.S. regulated market, bringing offshore activity under domestic oversight.