Regulation· ★★★★· neutral·

CFTC hits back at CME in court over perpetual futures

  • —CFTC says CME failed to show financial losses from added competition
  • —The agency noted CME's crypto futures volumes rose after the policy shift
  • —CFTC accused CME of contradicting itself between court and earnings calls
  • —The dispute hinges on whether perpetuals are futures or swaps
Why it matters: The ruling will decide whether the US has one framework for perpetual futures or two separate regulatory tracks.
Source: 動區 BlockTempo