About this episode
📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24https://bankless.cc/spotify-premium---Perps are coming onshore. CFTC Chairman Mike Selig joins David to unpack the first U. S.-regulated Bitcoin perpetual futures contract, the end of regulation by enforcement, and what comes next for Coinbase, Kalshi, Kraken, Gemini, Hyperliquid, Lighter, and the broader U. S. perp market. They also discuss which assets could list next, how U. S. leverage will differ from offshore exchanges, and why equity perps, RWAs, and 24/7 trading may be the next frontier of American finance.---BANKLESS SPONSOR TOOLS:🔮POLYMARKET | #1 PREDICTION MARKEThttps://bankless.cc/polymarket-podcast🧭OKX | TRADE, EARN, PAY to OKX | 120M+ USERS WORLDWIDEhttps://app.okx.com/join/USBANKLESS🦊 METAMASK | DOWNLOAD NOWhttps://go.metamask.io/BL-Pod-Download🌐BRIX | EMERGING MARKET YIELDhttps://bankless.cc/brix🎯THE DEFI REPORT | ONCHAIN INSIGHTShttps://thedefireport.io/bankless---TIMESTAMPS 0:00 Intro3:32 Self-Certified Crypto Contracts7:08 Chasing the U. S. Perps Market9:00 Bringing Liquidity Onshore10:18 U. S. Market Guardrails12:44 Blockchain Transparency Advantage19:17 Hyperliquid and Onchain Perps23:09 Real-World Asset Perps24:38 Equity Perps & SEC26:35 Incumbents Versus Disruptors31:28 Derivatives Dominating Crypto33:16 Perps Are Just Beginning---RESOURCES CFTC Chair Mike Selighttps://x.com/ChairmanSelig---Not financial or tax advice. See our investment disclosures here:https://www.bankless.com/disclosures