CFTC Asks Judge to Dismiss CME Lawsuit over Crypto Perpetual Futures
13 Articles
13 Articles
The Commonwealth Futures Trading Commission requested a federal court to dismiss CME's claim against the approval of future perpetual cryptocurrencies for Kalshi. The agency maintains that CME can list similar products and that it did not demonstrate plausible competitive harm. *** The CFTC filed a motion to dismiss CME's claim before a federal court in Columbia. The agency maintains that CME can offer the same perpetual futures and that its cla…
CFTC Moves to Dismiss CME Lawsuit Over Bitcoin Perpetual Futures
TLDR The CFTC filed a motion on Sept. 2 asking a federal court to dismiss CME Group’s lawsuit over Bitcoin perpetual futures. The agency says CME lacks legal standing because it can list the same type of contract itself. CME argues Kalshi’s Bitcoin perpetual contract should be classified as a swap, not a futures contract. [...]
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