Are perps swaps? A quick look at that CME suit: State of Crypto
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21 Jun, 18:30
Source: CoinDesk
AI Summary
CME Group filed a lawsuit against the CFTC challenging the agency's approval of Kalshi's perpetual futures product, raising regulatory questions about derivatives classification.
CME Group sued the CFTC on Thursday, alleging that the agency was wrong in how it approved Kalshi's first U.S. perpetual futures product.