- The US Commodity Futures Trading Commission, or CFTC, issued a no-action letter allowing cryptocurrency perpetual futures contracts to be converted into “true digital commodity perpetual futures.”
- Designated contract markets, or DCMs, may convert products by removing the expiration date from existing contracts, but they must still meet customer-protection and procedural requirements.
- The no-action letter requires the submission of amendments and self-certification of compliance under CFTC rules and will expire on June 30.
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The US Commodity Futures Trading Commission has taken steps to ease regulatory burdens on exchanges listing cryptocurrency…
