World · Regulation · United States ·
CFTC seeks to dismiss CME lawsuit over crypto perpetual futures
The Commodity Futures Trading Commission filed to dismiss a lawsuit from CME Group over crypto perpetual futures, arguing the lawsuit lacks merit because the CFTC's order already permits any designated contract market, including CME, to list these products.
Why it matters for the crypto market
A CFTC victory here would clarify regulatory authority and remove a legal barrier to US crypto derivatives trading; CME's challenge represents institutional pushback on crypto market access.
Source: coindesk.com
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