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generic2026/06/12 15:51作者未公开

Kalshi’s crypto perpetuals spark debate over whether they’re futures or swaps

Kalshi’s crypto perpetuals spark debate over whether they’re futures or swaps

Latest developments: Kalshi’s launch of CFTC-regulated crypto perpetuals has reignited a long-running debate over financial market definitions.

The disagreement: Both sides view the same product through different regulatory lenses.

Why it matters: The classification could determine who can access the products and under what rules.

The complication: Concerns about market manipulation remain unresolved.

What comes next: The debate is unlikely to end with Kalshi’s launch.

io.net's IDE ties token burns to real GPU demand, replacing fixed emissions with a demand-linked model - live as of 11 June 2026.

Disclosure & Polices : CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies . CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of Bullish (NYSE:BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services. Bullish owns and invests in digital asset businesses and digital assets and CoinDesk employees, including journalists, may receive Bullish equity-based compensation.

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