Battle Lines Drawn: CME and CFTC Clash Over On-Chain Perpetual Futures
The ongoing feud between the CME Group and the US Commodity Futures Trading Commission (CFTC) has reached a boiling point, with the two entities locked in a bitter dispute over the regulation of on-chain perpetual futures. The CME Group, the largest derivatives exchange operator in the US, has filed a lawsuit against the CFTC, challenging its decision to allow the listing of blockchain-based perp…