CME Group sues CFTC over approval of perpetual futures in the US

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CME Group is preparing to sue the CFTC over perpetual futures approvals, escalating a fight over crypto derivatives and retail trading rules.

The world's largest derivatives exchange is taking the CFTC to court over its decision to greenlight perpetual futures in the U.S.

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CME Group has filed a lawsuit against the U.S. Commodity Futures Trading Commission after the regulator approved crypto perpetual futures that have already generated more than $1 billion in trading volume. According to Bloomberg, the derivatives exchange sued the CFTC…