CFTC Chair Selig: Perpetual contracts will be judged on 'asset-by-asset' basis - Cryptopolitan

Crypto Insight Summary: * CFTC Chairman Michael Selig confirmed that perpetual futures contract approvals will proceed on a case-by-case basis for each asset, not as blanket authorizations. * Kraken has launched regulated perps for U.S. traders and Coinbase secured a pathway to offer offshore perpetuals domestically. * The pace and direction of perpetual futures approvals depends greatly on Selig who is currently the commission’s only active commissioner. The Commodity Futures Trading Commission (CFTC) Chairman Selig has [confirmed](https://x.com/ChairmanSelig/status/2066868393580319191) that the agency will evaluate perpetual futures contracts one asset at a time. Selig clarified this after the CFTC approved its first Bitcoin perpetual contract on May 29. The main reason for the case-by-case review is that perpetual contracts for different assets present different risks. The CFTC’s official policy statement refers to perpetual contracts as having “unique characteristics” that can vary depending on the asset they reference. For example, a Bitcoin perpetual and an oil perpetual could raise very different questions about market safety and customer protection. The total global perpetual market hit over $60 trillion in 2025. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Case-by-case review adds regulatory clarity but doesn't significantly alter market dynamics.