Svmuu News: The U.S. Commodity Futures Trading Commission (CFTC) Market Regulation Division announced today that it has issued exemption letters to Designated Contract Markets (DCMs), allowing them to convert existing digital commodity futures contracts with a “perpetual-like structure” into true perpetual futures contracts.This policy builds upon previous regulatory clarifications and explicitly applies to digital commodities with deep, active, and continuous spot market trading, such as Bitcoin. According to the document, DCMs may remove the expiration dates from existing contracts and convert them into true perpetual contracts upon meeting specific conditions, provided they fulfill the following requirements: soliciting feedback from users holding positions, providing advance notice and an opportunity to close out positions, ensuring adequate risk disclosures, and ensuring that no other key contract terms are modified.Additionally, exchanges must submit amendment filings in accordance with CFTC Rules 40.5 or 40.6 and complete compliance certification.