CME Group to Sue CFTC Over Approval of Bitcoin Perpetual Futures

Outgoing CME chief Terry Duffy says perpetual futures are actually swaps under Dodd-Frank, and that the exchange will file suit Thursday.

CFTC approval of Kalshi’s BTCPERP and Kraken’s June 15 U.S. perps launch sharpen the race with on-chain venues. We map where volume could shift next.

The US-Iran talks could stabilize geopolitical tensions, influencing global markets and potentially boosting investor confidence in cryptocurrencies. The post United States and Iran to hold initial talks in Switzerland on ceasefire agreement appeared first on Crypto Briefing.

CME plans to sue the CFTC over U.S. approval of perpetual futures, arguing crypto perps should be treated as swaps under Dodd-Frank law.

Kentucky sues Kalshi, Polymarket, Coinbase, Robinhood and Webull over sports event contracts as prediction market cases grow nationwide.

World Cup prediction volume topped ~$2B and daily turnover hit $4.8B, while Polymarket inked OneFootball distribution. A new CFTC review plan could reshape U.S. sports contracts.

CME's lawsuit could reshape US crypto markets by imposing stricter regulations on perpetual futures, affecting accessibility and competition. The post CME Group plans lawsuit against CFTC over perpetual futures approval appeared first on Crypto Briefing.

For generations, technology export controls referred to the transfer of source code to other countries. But that no longer works, as the latest Anthropic fight with the US Commerce Department makes clear.  On Friday, Anthropic announced that it had received instructions from Commerce “to suspend all access to Fable 5 and Mythos 5 by any foreign national, whether inside or outside the United States, including foreign national Anthropic employees. The net effect of this order is that we must abruptly disable Fable 5 and Mythos 5 for all our customers to ensure compliance. Access to all other Anthropic models will not be affected.”  Technically, the Commerce letter doesn’t explicitly say that, but lawyers and consultants argue that, when combined with an earlier executive order declaring Anthropic a supply chain risk, that very well might be what it means. What the Commerce letter says is that Anthropic needs a license to export Fable 5 and Mythos 5 (a “deemed export“), listing four circu