I want to understand why perpetual futures are considered illegal. What are the reasons behind this? Is it because of some regulatory issues or is there some other underlying factor that makes them unlawful?
5
answers
Ilaria
Tue Apr 01 2025
The legal status of perpetual futures in the US is not explicitly defined as illegal.
Dario
Tue Apr 01 2025
However, the regulatory landscape surrounding these instruments remains unclear.
Chiara
Mon Mar 31 2025
Due to this lack of clarity, many cryptocurrency exchanges have taken a cautious approach.
BonsaiLife
Mon Mar 31 2025
These exchanges restrict US customers from accessing perpetual futures markets.
CryptoElite
Mon Mar 31 2025
Centralized exchanges, in particular, only permit perpetual futures trading for non-US customers in certain jurisdictions.