High-Risk Crypto Perpetual Futures Could Be Coming Soon To US
Perpetual futures for crypto, also called perpetual swaps or perps, are gaining momentum in the United States amid concerns over risk to retail traders.
Head of consumer products of Coinbase, Max Branzburg announced on June 13 that the exchange was planning to launch perps that are compliant with the Commodity Futures Trading Commission (CFTC) for US customers. While BitMEX first launched crypto perps back in 2016, US customers and exchanges haven’t had access to them.
One of the main reasons US financial watchdogs have taken action against exchanges offering perps is the high-risk nature of the contracts.
However, recent changes in guidance among federal regulators after the election of US President Donald Trump could change that.
