CME Group CEO Criticizes Bitcoin Perpetual Futures and Warns of Risks
Terry Duffy, CEO of CME Group (NASDAQ:CME), criticized the Commodity Futures Trading Commission's approval of a Bitcoin perpetual futures contract for Kalshi. He expressed concerns over regulatory oversight, leverage risks to retail investors, and the lack of expiration dates in such contracts.
Tickers: $CME
Topics: Bitcoin CFTC CME Group perpetual futures retail risk