The CFTC (US regulator for futures/derivatives) just approv…

The CFTC (US regulator for futures/derivatives) just approved the first real Bitcoin perpetual contract on a US-regulated exchange.
Perpetuals are popular crypto trades: nonstop bets on BTC price moves with leverage. No expiration date, unlike normal futures. Most volume has been offshore on foreign platforms.
This brings that huge, liquid market onshore under US rules and oversight. More legitimacy and protection for traders while keeping innovation in America.
https://x.com/ChairmanSelig/status/2060362368622735507