The U.S. CFTC announces approval for Kalshi to launch Bitcoin perpetual contracts

On May 29th, the U.S. Commodity Futures Trading Commission (CFTC) announced the approval of KalshiEX to launch the BTCPERP contract. This product is a perpetual contract referencing the spot price of Bitcoin and has been classified as a futures contract. Kalshi submitted the application on May 29th in accordance with CFTC regulatory rules.
The CFTC stated that after review, the BTCPERP contract is deemed to comply with the Commodity Exchange Act and related regulatory requirements, including the core principles applicable to designated contract markets (DCMs). The CFTC also noted that perpetual contract designs may not be suitable for all asset classes and encouraged market participants to communicate with regulators regarding perpetual contract products for other assets and to apply for approval through the formal approval process.
KALSHI5.92%
BTC-0.34%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned