White House highlights approval of Bitcoin perpetual futures and efforts to bring Hyperliquid to the US

https://iq.wiki/wiki/hyperliquid In a recent announcement, the White House revealed that the first-ever Bitcoin perpetual futures contract has been authorized by a CFTC-registered exchange. This development was confirmed by President Biden, who noted that Chairman Selig authorized the contract in May. The President also mentioned ongoing efforts to bring crypto derivatives venue Hyperliquid into the United States in a fully compliant manner. This initiative is seen as a part of broader efforts to integrate cryptocurrency within the regulatory framework of the United States. The approval of the Bitcoin perpetual futures contract marks a significant milestone for U.S. financial markets, offering new opportunities for investors seeking exposure to Bitcoin in a regulated environment. The move to bring Hyperliquid into the U.S. aligns with a trend of U.S. regulatory bodies working to accommodate crypto exchanges domestically, rather than leaving them to operate offshore. Market participants are closely monitoring these developments, as they could significantly influence the value and perception of Hyperliquid. Current market data indicates a substantial increase in the likelihood of Hyp...