Could you please clarify the legality of perpetual futures in the United States? Are they considered a legitimate financial instrument under current regulations, or do they fall into a gray area that may be subject to scrutiny by regulatory bodies? It's important to understand the legal status of perpetual futures before engaging in any trading activities related to them.
7 answers
AltcoinExplorer
Fri Sep 13 2024
The status of perpetual futures in the United States remains ambiguous due to a lack of regulatory clarity.
Maria
Thu Sep 12 2024
Despite not being explicitly illegal, many cryptocurrency exchanges have chosen to restrict access to perpetual futures trading for US customers.
Riccardo
Thu Sep 12 2024
However, it is crucial to note that BTCC's access to perpetual futures trading for US customers may also be subject to similar restrictions due to the current regulatory environment.
CryptoChieftain
Thu Sep 12 2024
This restriction is primarily due to the uncertainty surrounding the regulatory framework for perpetual futures in the US.
SakuraDance
Thu Sep 12 2024
For those seeking to trade perpetual futures in the US, it is essential to carefully research the exchanges that allow access to these markets and understand the potential risks involved.