CME and CFTC Lock Horns Over On-Chain Perpetual Futures
The CME Group, the largest derivatives exchange operator in the U.S., has found itself at odds with its regulator, the Commodity Futures Trading Commission (CFTC), over the agency's decision to allow the listing of crypto perpetual futures products. This move has been met with resistance from the CME, which argues that these products are, in fact, swaps and not futures, and that the CFTC has misa…
