CFTC Chairman Mike Selig says cryptocurrency perpetual futures are beginning to move onshore in the U.S., marking what he calls a “watershed moment” for regulated digital asset markets.

“This Is Just The Beginning, Not End“

“We want the industry to survive, to thrive and to build here in the U.S,” he vouched.

Selig sees more exchanges are expected to launch similar products. “This is the beginning and not the end,” he added.

The Chairman outlined the goal is to bring that activity into a regulated U.S. market structure instead of forcing traders offshore.  “They’re going to go use a VPN and access it anyway, and they have none of the protections,” he warned

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