
CME CEO Warns of Unresolved Tax Risk for Perpetual Futures
Terry Duffy says a court case could determine how the IRS treats perpetual futures contracts.
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Terry Duffy says a court case could determine how the IRS treats perpetual futures contracts.

Perpetual futures, or 'perps,' have become one of the most traded financial instruments in crypto since launching in 2015.

Perpetual futures, or 'perps', have become a cornerstone of crypto trading since their 2015 launch.
Decentralized perpetual futures platforms are outpacing centralized exchanges, with Grvt emerging as a key player.

CFTC staff has issued no-action relief that may pave the way for perpetual futures on digital commodities.

John Palmer expects early adoption of U.S. perpetual futures by sophisticated traders, with institutions to follow.