===>>CFTC Approves Regulated Crypto Perpetual Contracts in the United States Regulatory Milestone The CFTC has approved perpetual futures contracts linked to Bitcoin's spot price for Kalshi, marking the first time the U.S. regulatory framework has formally accepted the most widely traded derivative instrument in the cryptocurrency industry. Market Impact The move puts pressure on offshore exchanges such as Hyperliquid to move toward regulatory compliance, while Kraken is expected to launch regulated BTC perpetual contracts within 30 days through the Bitnomial Exchange. Leverage Limits U.S.-based contracts impose significantly lower leverage limits than international standards, reducing direct competition with established offshore exchanges that have traditionally attracted traders seeking higher leverage. #CFTCOpensBitcoinPerps #BTCBreaks5MonthDowntrend