Minimalist illustration of an open padlock representing MiCA authorization and access to the European Union crypto market.

ESMA Calls on Unauthorised CASPs to Wind Down as MiCA Transition Ends

PARIS, June 23, 2026 — The European Securities and Markets Authority has called on unauthorised crypto-asset service providers to immediately begin winding down their European Union activities in an orderly manner ahead of the end of the Markets in Crypto-Assets Regulation (MiCA) transitional period on July 1, while taking steps to safeguard clients’ interests and mitigate risks to market integrity.

Illustration of two interlocking puzzle pieces representing the SEC and CFTC effort to harmonize portfolio margining frameworks

CFTC, SEC Seek Public Comment on Portfolio Margining Frameworks

WASHINGTON, June 26, 2026 — The Commodity Futures Trading Commission and the Securities and Exchange Commission have issued a joint request for public comment on potential approaches to further harmonize regulatory frameworks applicable to portfolio margining across securities, security-based swaps, futures, swaps and related positions.

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

CFTC Issues Policy Statement on Perpetual Contracts

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

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.