CME Sues CFTC Over Classification of Regulated Crypto Perpetual Futures
Chicago Mercantile Exchange (CME) has sued the Commodity Futures Trading Commission (CFTC), challenging its approval of regulated crypto perpetual futures by arguing that Kalshi's Bitcoin perp should be classified as a swap rather than a futures contract. This reclassification would subject it to stricter, institution-focused regulations and limit retail access. The CFTC dismissed the lawsuit as 'frivolous.'
Tickers: $CME
Topics: CFTC CME Group crypto derivatives perpetual futures regulation