CME vs the CFTC: the lawsuit that decides what a perp legally is
CME CFTC lawsuit perpetual futures fight asks whether perps are futures or swaps, deciding who controls crypto’s biggest market.
Showing 1–12 of 12
CME CFTC lawsuit perpetual futures fight asks whether perps are futures or swaps, deciding who controls crypto’s biggest market.
Bitcoin traded at $64,159 at 6:45 p.m. Eastern time on Saturday, and the derivatives market around it tells a story of retreat and repositioning. CME‘s bitcoin options open interest, measured in dollar terms, has dropped from a peak near $290 million in late November to roughly $30 million to $40 million by mid June, according […]
The CFTC and SEC issued a joint request for public comment on swaps. The agencies want to clarify derivatives definitions in the Dodd-Frank Act. Feedback is requested on new products like prediction market event contracts. In a significant regulatory move, federal agencies are opening the floor to market participants to redefine digital asset derivatives rules. […] The post CFTC, SEC Seek Public Input as CME Lawsuit Challenges Swaps Rules appeared first on Live Bitcoin News.
CME lawsuit challenges CFTC approval of U.S. crypto perpetuals after Kalshi BTCPERP launch and Coinbase relief, raising swap vs futures stakes for venues and traders.
CFTC and SEC seek public input on swaps definitions as CME sues the CFTC over crypto perpetual futures approvals and Kalshi products.
CME wants Kalshi's Bitcoin perp reclassified as a swap, not banned. That distinction reveals what's actually at stake in the CFTC lawsuit.
CME Group has filed a lawsuit against the U.S. Commodity Futures Trading Commission after the regulator approved crypto perpetual futures that have already generated more than $1 billion in trading volume. According to Bloomberg, the derivatives exchange sued the CFTC…
CME Group CEO Terrence Duffy announced plans to sue the Commodity Futures Trading Commission over its decision to allow prediction-market operator Kalshi to offer bitcoin perpetual futures. Perps Should Be Classified as Swaps, Says CME Boss CME Group CEO Terrence Duffy said June 17 he plans to sue the Commodity Futures Trading Commission (CFTC) over […]
CME's legal challenge against CFTC could reshape US crypto derivatives, raising compliance costs and limiting market access for traders. The post CME threatens legal action against CFTC over product classification appeared first on Crypto Briefing.
CME, which is the largest derivatives exchange worldwide, is ready to sue the U.S. Commodities Futures Trading Commission following the regulator’s decision to approve Bitcoin perpetual futures trading on the prediction market platform Kalshi. According to the firm, the contract should not be categorized as a futures contract but as
Outgoing CME chief Terry Duffy says perpetual futures are actually swaps under Dodd-Frank, and that the exchange will file suit Thursday.
CME plans to sue the CFTC over U.S. approval of perpetual futures, arguing crypto perps should be treated as swaps under Dodd-Frank law.