Inside the CME and CFTC’s battle over onchain perpetual futures

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28 Jul, 08:00
Source: CoinDesk

AI Summary

The CFTC's approval of crypto perpetual futures faces opposition from CME, creating regulatory uncertainty for crypto derivatives markets.

Weeks ago, the U.S. CFTC opened the gates for crypto perps with its first listing approval, but major derivatives player CME is fighting back against what it sees as a diversion from the law.