CFTC asks judge to dismiss CME lawsuit over crypto perpetual futures

Summary

• The CFTC has asked a federal judge to dismiss CME’s lawsuit challenging its approval of crypto perpetual futures, arguing that CME has not shown concrete financial harm.
• The regulator claims the dispute is "much ado about nothing," noting that the order allows any designated contract market, including CME, to list these products.
• CME argues these perpetual futures meet the legal definition…