CME Group Sues CFTC Over Perpetual Futures Approval
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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The world's largest derivatives exchange is taking the CFTC to court over its decision to greenlight perpetual futures in the U.S.
CME Group is suing the CFTC over its approval of perpetual futures. CEO Terrence Duffy argues perpetual futures should be classified as swaps. The lawsuit claims the approval violates rules under the Dodd-Frank Act. A significant legal battle is rocking the heart of the world’s cryptocurrency derivatives market. The institutional derivatives giant CME announced plans […] The post CME Group Sues CFTC Over Perpetual Futures Approval appeared first on Live Bitcoin News.