U.S. CFTC rebuffs CME legal stance in consequential fight over perpetual futures
Summary
The U.S. derivatives regulator has pushed back against the Chicago Mercantile Exchange regarding the introduction of perpetual futures products. This ongoing regulatory dispute could significantly impact the future availability of such crypto derivatives within the domestic market.
The future of perps in the U.S. may be at stake as the CFTC argues that CME hasn't shown the new policy is hurting it after the agency OK'd its first bitcoin perp.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.