CME Group Faces Another Block for US CFTC Amid Treasury Link Launch Plan
The post CME Group Faces Another Block for US CFTC Amid Treasury Link Launch Plan appeared on BitcoinEthereumNews.com. The leading global derivatives market, CME Group, is once again facing regulatory hurdles in the United States, which has sparked discussions among traders. Notably, the latest reports showed that the US CFTC has delayed the immediate launch of the 24/7 Crude Oil Futures by the CME Group. Notably, this setback also comes in tandem with CME Group’s plan to roll out Treasury Link, raising fresh questions about the firm’s expansion strategy and regulatory outlook. CME Group Faces US CFTC Block for 24/7 Crude Oil Futures Launch The US CFTC has stepped in to prevent CME Group from immediately introducing round-the-clock crude oil futures trading. As per the press release, the regulator used its authority under existing rules to temporarily suspend the contract listing process. The move followed CME’s decision to self-certify the new futures product while the CFTC was still