RegNext | Daily Americas Radar | EOD Briefing | Friday 29 May 2026

The CFTC just approved the first-ever cash-settled bitcoin price perpetual contract for a designated contract market. Here's what it means for the US retail prediction market landscape and institutional hedging strategies.

1️⃣ [#1] Commodity Futures Trading Commission — CFTC Approves BTCPERP Contract Submitted by KalshiEX, LLC
The regulator issued an Order of Approval for a new cash-settled binary contract based on the price of Bitcoin.
This impact hits retail and institutional participants on regulated prediction markets seeking exposure to crypto price movements.
Market participants can now trade these contracts on KalshiEX following the established regulatory framework for event contracts.

2️⃣ [#2] Commodity Futures Trading Commission — CFTC Staff Issues Advisory on 24/7 Trading, Clearing, and Settlement
Staff released guidance addressing the risks and regulatory expectations for platforms operating continuous market cycles.
This hits clearing houses, exchanges, and intermediaries managing digital asset transactions or traditional assets on 24/7 rails.
Firms must review internal controls and liquidity management protocols to ensure compliance with the heightened standards for round-the-clock operations.

3️⃣ [#3] U.S. Department of the Treasury — Treasury and IRS Issue Section 892 Proposed Regulations to Provide Grandfathering Protection
New proposed rules provide transitional relief and grandfathering protections for sovereign investors regarding specific tax exemptions.
The change hits foreign governments and sovereign wealth funds managing diverse investment portfolios within the United States.
Stakeholders should analyze the eligibility criteria for the grandfathering provisions to secure their tax-exempt status during the transition.

Today's regulatory landscape is concentrated entirely in the Americas, with 15 priority signals identified across the United States, Brazil, and Canada. Beyond the digital asset and tax developments, the Federal Reserve Board has introduced a framework for monetary policy decision-making that focuses on practical inflation and labor market metrics. In Brazil, the Câmara dos Deputados is advancing legislative efforts regarding healthcare, education, and consumer protections for children. Simultaneously, the Canadian Council of Insurance Regulators is updating consumer dispute resolution frameworks. With 51 regulatory deadlines approaching in the next week, market participants must navigate a high-volume environment while managing the specific impacts of these digital asset and sovereign investment reforms.

Full analysis in today's RegNext Daily Americas Radar.