Commodity Markets Council Urges CFTC to Reject Kalshi's Oil Perpetuals Bid
- —CMC represents CME Group and other derivatives exchanges
- —Kalshi filed for WTI perpetuals earlier this week
- —Kalshi already offers WTI futures and US 500 perpetuals
- —CMC wants VPN access to offshore platforms blocked
Why it matters: The outcome will shape whether U.S. prediction markets can compete with CME in commodity derivatives.
Source: CoinGape