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CME to Sue CFTC Over Bitcoin Perpetual Futures Approval: CEO

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Decrypt Editorial

(11:20 AM UTC)

1 min read

Updated byDavid Kim

1220 views

0 comments

In brief

CME Group, the world's largest futures exchange operator, plans to sue the CFTC over its approval of crypto perpetual futures, outgoing CEO Terry Duffy told CNBC.
Duffy argued that perpetual futures are legally swaps under the Dodd-Frank Act, not futures, and said the suit would be filed Thursday.
The CFTC cleared Kalshi and Coinbase to offer the products to U.S. traders in late May…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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