CFTC approves perpetual futures on stocks, bringing crypto-style trading to Wall Street

The CFTC has approved perpetual futures on stocks, extending a trading structure long native to crypto into traditional equity markets. Chair Michael Selig framed the decision as giving U.S. traders a regulated alternative to offshore, often unregulated venues. For crypto traders, the approval signals regulatory acceptance of the perpetual model and could pull volume and liquidity toward U.S.-regulated platforms.