CME Group plans to sue the CFTC following the regulator's approval of Bitcoin perpetual futures for the prediction market platform Kalshi. Additionally, the CFTC resolved its enforcement action against Celsius founder Alex Mashinsky by imposing a permanent trading ban. Both events occurred on June 18, highlighting significant legal and regulatory shifts within the crypto industry.
CME Group is challenging the CFTC's classification of Bitcoin perpetuals, seeking a stricter regulatory framework that could limit retail access to these derivatives.
Read the full storyCME Group has sued the CFTC over the classification of perpetual futures, prompting the CFTC and SEC to seek public comment on the legal definition of swaps.
The world's largest derivatives exchange plans to sue the CFTC following the regulator's approval of Bitcoin perpetual futures for prediction platform Kalshi.