CME Move To Sue CFTC Over Crypto Perpetual Futures: Here’s Why
CME Group CEO Terrence Duffy announced Wednesday that the change operator will file a federal lawsuit towards the CFTC, concentrating on the regulator’s late-May approval of bitcoin perps for prediction-market platform Kalshi, the primary regulated U.S. itemizing of perpetual futures. Duffy’s central argument, made on CNBC’s Fast Money, is that the merchandise the CFTC permitted…
