CFTC Chairman: The coming weeks will clear obstacles for the US perpetual contract.

According to Foresight News , citing CoinDesk, CFTC Chairman Mike Selig stated at an event in Washington that the agency is working to allow truly professional perpetual contracts to operate within the United States within the next month, and expects to issue a related announcement soon. Selig pointed out that previous regulatory policies led to a significant outflow of companies and liquidity overseas. Furthermore, the CFTC and SEC are advancing several digital asset policies through Project Crypto, including providing clear guidance for DeFi developers and developing clear standards for prediction markets. SEC Chairman Paul Atkins also noted that while regulators are moving towards innovation exemptions to allow industry experimentation, legal certainty from Congress is still needed. Currently, legislation regarding transparency in the digital asset market is still under negotiation in the US Senate.