Bitcoin perps just got a US green light, but one catch could decide everything
The CFTC has moved true Bitcoin perpetual futures from an offshore-liquidity debate into a US-regulated test case, with KalshiEX LLC now approved to list BTCPERP and Coinbase Financial Markets receiving separate staff-level relief for access to certain Deribit products. The Commission approved KalshiEX LLC's BTCPERP contract as a futures contract, allowing t...
Key takeaways
- 1CFTC approved KalshiEX LLC to list BTCPERP as a regulated US Bitcoin perpetual futures contract.
- 2Coinbase Financial Markets received staff-level relief to access certain Deribit derivative products.
- 3Bitcoin perps moved from offshore debate into US-regulated testing framework with regulatory approval.
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Why it matters
This regulatory green light legitimizes Bitcoin derivatives trading in the US, potentially reducing offshore reliance and increasing accessibility for Indian retail investors seeking regulated exposure to crypto perpetuals, while setting precedent for broader derivatives market maturation.
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