CME and CFTC Engage in Heated Battle Over On-Chain Perpetual Futures
The conflict between the CME Group, the largest derivatives exchange operator in the U.S., and its regulator, the Commodity Futures Trading Commission (CFTC), has reached a boiling point. The CFTC's decision to allow blockchain-based perpetual future products has been met with resistance from the CME, which argues that these products are harmful to its long-dated futures products and that the CFT…
