US Regulators Consider Introducing Perpetual Contracts to the Domestic Market

According to PANews, U.S. regulators are considering measures to bring perpetual contracts into their domestic market. It was about time! While these bureaucrats spend years discussing, our money escapes to foreign platforms where I can trade without so much nonsense.

From my perspective as a trader, it is frustrating to see how the SEC and the CFTC have been going around in circles for so long over something so simple. These contracts are the bread and butter in any decent crypto market, yet here we are stuck with financial products from the last century due to "regulatory and definitional restrictions." What an excuse!

If they finally allow these contracts, they will have to comply with "investor protection" and "risk management" standards. Translation: they will be so regulated that they will lose all the flexibility that makes them useful in the first place. Typical of American regulators, always wanting to kill the golden goose.

The only positive thing I see is that it could reduce capital flight abroad. But let's be honest, who is going to want to use watered-down versions with "transparent leverage limits" when I can get 100x on offshore platforms? This measure comes too late and poorly.

It seems more like a desperate attempt to control something that has slipped out of their hands than a genuine initiative to truly modernize the market. We American traders have been trading these products for years; we just do it where we are not suffocated by regulations.

Do you really think this will bring back everyone who is already trading outside? I highly doubt it. But well, at least it's a small step towards the 21st century for our outdated regulators.