CME to sue CFTC over U.S. perpetual futures approval
CME to sue CFTC over U.S. perpetual futures approval
CME says the CFTC approved crypto perpetual futures through the wrong legal route for markets.Duffy argues perps are swaps, while the CFTC approved Kalshi’s BTCPERP as a futures contract.Kalshi and Coinbase now face a legal fight after gaining regulated access to crypto perps.