The SEC and the Commodity Futures Trading Commission (CFTC) said Friday they will consider allowing perpetual futures contracts to trade onshore in the United States, a move that could reshape access to one of the most widely used derivatives in global crypto markets.
What Happened: In a joint statement, SEC Chairman Paul S. Atkins and CFTC Acting Chair Caroline D. Pham said the agencies are exploring ways to harmonize their oversight to avoid regulatory gaps that have historically driven trading activity overseas.
