CME Group has sued the CFTC, challenging the agency’s approval of Kalshi’s first U.S. perpetual futures product. The lawsuit questions whether perps should be classified as swaps, highlighting regulatory tensions in crypto derivatives markets.
CME Group has sued the CFTC, challenging the agency’s approval of Kalshi’s first U.S. perpetual futures product. The lawsuit questions whether perps should be classified as swaps, highlighting regulatory tensions in crypto derivatives markets.