Is futures trading legal in USA? The Commodity Futures Trading Commission (CFTC) and The Securities and Exchange Commission (SEC) prohibit USA residents and citizens from opening CFD accounts on domestic or foreign platforms. CFDs are illegal in part because they are an over-the-counter (OTC) product – not passing through regulated exchanges.
Is Binance futures allowed in the US? In 2019, Binance was banned in the United States on regulatory grounds and is no longer accessible for U.S. citizens. In response, Binance partnered with a U.S. branch called Binance.US, which the company says is a separate exchange. Binance.US is legal, but it is not available in all U.S. states.
Are crypto futures regulated? Bitcoin futures contracts — like other commodity futures contracts such as corn futures, market index futures, or gold futures — are regulated by the CFTC and must trade on CFTC-regulated exchanges. Bitcoin and bitcoin futures can be highly volatile.
Are Bitcoin futures legal? Like traditional futures contracts, Bitcoin futures are legal contracts to buy or sell Bitcoin at a future date.