The world's largest derivatives exchange operator said Wednesday it will sue the CFTC over the agency's approval of Kalshi's bitcoin perpetual futures, arguing the contracts should be classified as swaps under the Dodd-Frank Act.
The Defiant•The Defiant Team19 Jun
The CFTC approved KalshiEX's BTCPERP contract on May 29, one day after Kalshi submitted it under Regulation 40.3. The contract references spot Bitcoin, carries no expiry date, and perps generally allow leverage as high as 50-to-1, with automatic liquidation that can wipe out positions during sharp moves. CME CEO Terry Duffy announced the company would […]
CryptoSlate•Gino Matos19 Jun
CFTC and SEC seek public input on swaps definitions as CME sues the CFTC over crypto perpetual futures approvals and Kalshi products.
CME Group sued the CFTC on Thursday over the agency's decision to classify perpetual futures as futures contracts rather than swaps.
The Block•Danny Park19 Jun
CME Group is preparing to sue the CFTC over perpetual futures approvals, escalating a fight over crypto derivatives and retail trading rules.
NewsBTC•NewsBTC Editorial Team18 Jun
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…
The lawsuit targets the federal regulator and Chair Michael Selig, alleging that the Commodity Futures Trading Commissioin is treating cryptocurrency “futures” as “swaps,” posing risks to derivatives markets.
Cointelegraph•Turner Wright18 Jun
The CME Group is officially taking the Commodity Futures Trading Commission to court over allowing perpetual futures to trade in the U.S.
The Block•Sarah Wynn18 Jun
The lawsuit could reshape US regulatory standards for derivatives, impacting market dynamics and compliance costs for crypto trading platforms.
CryptoBriefing•Editorial Team18 Jun
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 […]
Bitcoin.com News•Terence Zimwara18 Jun
Bitcoin Magazine CME Group to Sue CFTC Over Bitcoin Perpetual Futures Approval in Clash Over Dodd-Frank Classification CME Group plans to sue the CFTC over its approval of bitcoin perpetual futures, arguing the contracts are swaps — not futures — under Dodd-Frank. This post CME Group to Sue CFTC Over Bitcoin Perpetual Futures Approval in Clash Over Dodd-Frank Classification first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
CME's legal challenge against CFTC could reshape US crypto derivatives, raising compliance costs and limiting market access for traders.
CryptoBriefing•Editorial Team18 Jun
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
TheNewsCrypto•Lakshya Baskar18 Jun
Outgoing CME chief Terry Duffy says perpetual futures are actually swaps under Dodd-Frank, and that the exchange will file suit Thursday.
The CFTC and CME legal fight could be far-reaching
AMBCrypto•Benjamin Njiri18 Jun
CME Sues CFTC Over Bitcoin Perpetual Futures: Here's Why
CME Group will sue the Commodity Futures Trading Commission over its approval of crypto perps in the US, CEO Terrence Duffy announced on CNBC. Duffy, who steps down in March 2027, said he has spent eight months building the case with his board and will not back down. The CFTC approved prediction market platform Kalshi
BeInCrypto•Darryn Pollock18 Jun
The dispute centers on whether perpetual contracts should be regulated as futures or swaps under United States law.
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.
CoinDesk•Nikhilesh De18 Jun