The Block (@TheBlockCo): THE BLOCK: The CFTC issued no-action relief allowing DCMs to turn certain existing contracts that already act like perpetuals into "true" perps withou…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
THE BLOCK: The CFTC issued no-action relief allowing DCMs to turn certain existing contracts that already act like perpetuals into "true" perps without expiration dates. The relief, which expires on Oct. 20, requires exchanges to seek feedback from open-position holders, give them advance notice and a chance to exit, and provide risk disclosures.