CME Group Files Lawsuit Against CFTC Over Perpetual Futures Approval
The CME Group filed a lawsuit against the Commodity Futures Trading Commission (CFTC) and its chair, Michael Selig, challenging their recent approval of perpetual futures contracts for Bitcoin. The exchange argues that these products should be classified as swaps under Dodd-Frank rather than futures, claiming the decision was arbitrary and bypassed public comment procedures.
Topics: CFTC CME Group Coinbase Dodd-Frank Act Kalshi perpetual futures