CME and CFTC Engage in Heated Dispute Over On-Chain Perpetual Futures
The conflict between the CME Group, the largest derivatives exchange operator in the US, and its regulator, the Commodity Futures Trading Commission (CFTC), has escalated into an all-out war over the introduction of blockchain-based perpetual future products. The CME has sued the CFTC, challenging its decision to allow the listing of crypto perpetual futures, also known as perps, by platforms suc…