The CME and CFTC's 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, has intensified over the agency's decision to allow blockchain-based perpetual futures products. The CME has filed a lawsuit against the CFTC, challenging its decision to permit the listing of crypto perpetual futures, also known as perps, by platfo…