CFTC Chair Selig expects true crypto perpetuals to be legalized soon in US

CFTC: The Commodity Futures Trading Commission (CFTC) is a U.S. federal agency that regulates derivatives markets including futures, swaps, and options to ensure market integrity and protect against fraud. It oversees commodities and has increasingly focused on digital assets deemed commodities. The agency is currently finalizing regulatory guardrails for true crypto perpetual contracts to replace longstanding quasi-perp workarounds, with Chairman Selig signaling an imminent launch. Michael S. Selig: Michael S. Selig is the 16th Chairman of the CFTC, sworn in on December 22, 2025, after nomination by President Trump. He advocates for principles-based regulation in derivatives and emerging markets like prediction markets and crypto. In late March 2026, during an interview with Anthony Pompliano recirculated in early May, Selig revealed the CFTC's plans to legalize true crypto PERPs within weeks. Anthony Pompliano: Anthony Pompliano, known as Pomp, is a prominent Bitcoin advocate, investor, and host of The Pomp Podcast interviewing leaders in finance and crypto. His content explores regulatory shifts and market innovations. He conducted the March 26, 2026, interview with CFTC Chairman Selig on crypto perpetuals legalization, which gained renewed attention in early May posts. `json { "Regulatory Preparation": "Crypto exchanges are gearing up to launch perpetual futures in the U.S. ahead of CFTC approval under Chairman Selig." } `