The U.S. Commodity Futures Trading Commission #CryptoMarketBouncesBack CFTC( announced that its chairman, Michael Selig, stated at the Milken Institute Fintech Conference that perpetual cryptocurrency futures contracts will soon be approved in the United States. Selig explained that the agency has established a policy framework to bring "genuine perpetual futures contracts" — products that have no expiration date and allow for unlimited leveraged positions — to the U.S. markets, aiming to do so within just one month. This move, which aims to reintroduce liquidity to these popular derivatives currently concentrated on offshore platforms in Asia, Europe, and the Caribbean, seeks to enhance investor protection while standardizing risk management tools and price discovery mechanisms in the domestic environment. Selig adopted a cautious yet decisive approach, stating: "We need liquidity in the United States, and we need appropriate protections for investors so that companies don’t blow up and affect our shores." This development is seen as one of the most significant structural changes since spot ETFs and marks the end of years of regulatory uncertainty in digital derivatives markets, receiving positive reactions in the markets. It is also expected to make leveraged cryptocurrency trading more accessible on U.S. trading platforms, with official announcements anticipated soon.

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