CME's Duffy calls for public review of new products, including perpetual futures
- —Duffy proposed replacing exchange self-certification with a public pre-launch product review
- —CME sued the CFTC on June 18 over the approval of Kalshi's BTC perpetuals
- —CME argues perpetuals function as swaps and should face stricter rules
- —Duffy will step down as CME CEO on March 1, 2027
Why it matters: The case will decide whether perpetual futures become a fully regulated US product or fall under the tougher swap regime.
Source: TokenPost