The newly appointed Chair of the Commodity Futures Trading Commission (CFTC), 
Mike Selig, has signaled that the United States is close to introducing a 
regulatory framework that would allow crypto perpetual futures to trade 
onshore. The move, if finalized in the coming weeks as suggested, could 
reshape the digital asset derivatives market and potentially create a 
significant opportunity for Hyperliquid (HYPE), one of the fastest-growing 
platforms in the perpetuals segment. CFTC’s Plan To Bring Crypto Perps Back To 
The US Speaking Tuesday at the Milken Institute’s Future of Finance 
conference, Selig said the CFTC plans to establish rules for crypto perpetual 
futures contracts — instruments that allow traders to maintain leveraged 
exposure to digital assets indefinitely, without expiration dates. Related 
Reading: Bitcoin Prints Fifth Straight Red Month; Previous Streak Was Followed 
By 300% Surge While these products have existed for years, they have largely 
operated on offshore exchanges in jurisdictions such as Asia, Europe and the 
Bahamas. According to Selig, the United States needs to “recapture” liquidity 
that migrated overseas under prior regulatory conditions. Selig framed the 
initiative as part of a broader modernization effort, describing “Project 
Crypto” as a historic interagency undertaking designed to update and future- 
proof financial regulations for emerging technologies. “We’re working towards 
getting perpetual futures, true perpetual futures, not long-dated contracts, 
here in the U.S. within the next month or so,” Selig stated. In addition to 
perpetual futures, Selig said regulators are examining how to accommodate 
decentralized finance (DeFi) protocols and blockchain-based systems within 
existing rules. Hyperliquid Policy Center Backs Selig’s Push The potential 
approval of US-based crypto perpetual futures has drawn attention from 
Hyperliquid, a decentralized exchange (DEX) that has rapidly gained prominence 
in the global perps market. Just two weeks ago, the Hyperliquid Policy Center 
(HPC) was established with a grant of 1 million HYPE tokens. The center’s 
mandate includes working directly with lawmakers and regulators to help shape 
clear rules for perpetual derivatives in decentralized markets. Following 
Selig’s remarks, the newly formed policy group publicly welcomed the 
regulatory direction. The HPC said it supports the Chair’s forward-looking 
stance and expressed readiness to assist in ensuring that decentralized 
perpetual derivatives markets can develop within the United States. Related 
Reading: BNB Chain Rolls Out Production-Ready AI Agent Tools With Live On- 
Chain Capabilities As previously reported by Bitcoinist, one of the center’s 
main objectives is to secure a defined legal structure for perpetual 
derivatives. Jake Chervinsky, who leads the Hyperliquid Policy Center, has 
argued that perpetual contracts offer practical advantages compared to 
traditional futures and options. In his view, perps are simpler in design and 
provide more direct exposure to underlying crypto assets. However, without 
regulatory clarity, they have struggled to gain traction within the US market. 
Activity across perpetual platforms has surged since late 2025, with total 
monthly volume reaching $829 billion. Analysts expect that figure could climb 
further if US regulators approve domestic crypto perpetual futures trading 
under the CFTC’s new leadership. At the time of writing, Hyperliquid’s native 
token, HYPE, was trading at $31.77, having recorded losses of 2.4% over the 
previous 24 hours. Nevertheless, the token is one of the few to show gains 
over longer time frames, with year-to-date growth of 74%, according to 
CoinGecko data. Featured image from OpenArt, chart from TradingView.com

CFTC Chair Says Crypto Perps Approval Is Close — Why This Is Huge For Hyperliquid?

Ark Invest has added more shares of Coinbase and Robinhood across its 
exchange-traded funds on Tuesday as crypto equities dipped in response to 
geopolitical concerns. The Cathie Wood-led firm has acquired a total of 22,452 
shares in Coinbase through its…

Ark Invest adds Coinbase and Robinhood shares as crypto equities slide

Vitalik Buterin has sparked debate within the crypto community after outlining 
a vision for Ethereum as part of a broader ecosystem of what he calls 
“sanctuary technologies,” open-source systems designed to preserve freedom, 
privacy and resilience in an increasingly unstable…

Vitalik Buterin defends Ethereum’s neutrality amid calls for political engagement

AAVE price remains at risk of a crash as a major delegator and service 
provider, the Aave Chan Initiative, has chosen to exit the Aave DAO following 
an internal governance dispute within the ecosystem. According to a statement 
on Tuesday,…

Is AAVE price at risk as major delegator ACI exits after $51M funding dispute?

Core Scientific expects to sell most of its 2,500 BTC holdings in Q1 2026 to 
strengthen liquidity and fund AI-focused data center expansion. The move 
reflects a broader shift among public miners pivoting toward high-performance 
computing. CORZ Plans Q1 Bitcoin Exit for AI Push Core Scientific (NASDAQ: 
CORZ) is preparing to part with most of […]

Cryptocurrency price in AED