CME to Sue CFTC Over Bitcoin Perpetual Futures Approval: CEO – Decrypt
In brief CME Group, the world’s largest futures exchange operator, plans to sue the CFTC over its approval of crypto perpetual futures, outgoing CEO Terry Duffy told CNBC. Duffy argued that perpetual futures are legally swaps under the Dodd-Frank Act, not futures, and said the suit would be filed Thursday. The CFTC cleared Kalshi and...
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