Crypto derivatives

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

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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

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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.

ESMA public statement on EU CFD product intervention measures

ESMA Says Perpetual Futures Likely Fall Within Scope of EU CFD Measures

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PARIS, February 24, 2026 — The European Securities and Markets Authority said in a press release that derivatives marketed as “perpetual futures” or “perpetual contracts” are likely to fall within the scope of national product intervention measures on contracts for differences (CFDs) where they meet the applicable definition.

SFC Perpetual Contracts Framework

Hong Kong SFC Publishes Framework for Perpetual Contracts at Licensed VATPs

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HONG KONG, February 11, 2026 — The Securities and Futures Commission (SFC) published a high-level framework setting out regulatory expectations for licensed virtual asset trading platforms (VATPs) that wish to offer virtual asset perpetual contracts, according to an announcement published by the SFC.