U.S. CFTC rebuffs CME legal stance in consequential fight over perpetual futures
politics
The CFTC has rejected CME’s legal argument in a dispute over how perpetual futures should be regulated, intensifying a consequential fight over the products’ U.S. market structure. The disagreement could shape whether and how crypto perpetuals can be offered domestically, with implications for exchange oversight and access to leveraged Bitcoin exposure. The outcome remains unresolved.
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