Illustration of a contract folder and calendar pages representing the conversion of perpetual-style crypto contracts into true perpetual futures under CFTC no-action relief

CFTC Opens Path to True Perpetual Futures for Coinbase and Bitnomial

June 13, 2026 27

WASHINGTON, June 12, 2026 — The U.S. Commodity Futures Trading Commission’s Division of Market Oversight issued a no-action letter allowing designated contract markets to convert existing perpetual-style digital commodity futures contracts into true digital commodity perpetual futures by removing their expiration dates, subject to specified conditions.

FCA warning on football sponsorship arrangements involving unauthorized financial firms

FCA Warns Football Clubs Over Sponsorship Deals With Unauthorized Financial Firms

June 3, 2026 40

LONDON, June 3, 2026 — The UK Financial Conduct Authority (FCA) has warned football clubs about sponsorship arrangements involving unauthorized financial firms, including crypto businesses and trading platforms, saying such relationships could expose supporters to financial harm and create legal, compliance, and reputational risks for clubs.

SEC draft strategic plan outlining digital asset regulatory objectives

SEC Draft Strategic Plan Sets Goal of Regulatory Framework for Digital Assets

June 2, 2026 33

WASHINGTON, June 2, 2026 — The U.S. Securities and Exchange Commission has published a draft strategic plan for fiscal years 2026–2030 that outlines the agency’s regulatory and operational priorities, including a commitment to establish a regulatory framework for digital assets and distributed ledger technologies.

Interlocking puzzle pieces representing the CFTC's policy framework for reviewing and listing perpetual contracts

CFTC Issues Policy Statement on Perpetual Contracts

May 30, 2026 44

WASHINGTON, May 29, 2026 — The Commodity Futures Trading Commission issued a policy statement outlining its views on the listing of perpetual contracts, stating that perpetual contracts referencing asset classes not contemplated in the Commission’s approval of KalshiEX LLC’s BTCPERP futures contract should be submitted for review and approval under the voluntary product approval process set out in Commission Regulation 40.3.

Shield containing an infinity symbol, representing the CFTC's interpretation of certain crypto perpetual contracts as foreign futures and its no-action position on digital asset margin collateral

CFTC Staff Confirms Certain Crypto Perpetuals as Foreign Futures

May 30, 2026 38

WASHINGTON, May 29, 2026 — The Commodity Futures Trading Commission’s Market Participants Division issued an interpretation confirming that certain crypto-asset perpetual contracts offered on Deribit FZE may be categorized as foreign futures under Commission Regulation 30.1 and issued a no-action position regarding the posting of customer-owned digital commodities and payment stablecoins as margin collateral for certain foreign futures and foreign options positions.

Clock symbolizing continuous trading as the CFTC outlines expectations for 24/7 market operations

CFTC Sets Regulatory Expectations for 24/7 Trading and Clearing Operations

May 30, 2026 49

WASHINGTON, May 29, 2026 — Staff of the Commodity Futures Trading Commission’s Division of Clearing and Risk, Division of Market Oversight, and Market Participants Division issued an advisory outlining regulatory expectations for designated contract markets, swap execution facilities, derivatives clearing organizations, and futures commission merchants seeking to extend trading and clearing operations to a 24-hour-a-day, seven-day-a-week basis.