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Are perps swaps? A quick look at that CME suit: State of Crypto
CME Group sued the CFTC on Thursday, alleging that the agency was wrong in how it approved Kalshi's first U.S. perpetual futures product.
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theblock.co
CFTC, SEC request public comment to clarify definition of 'swaps' amid CME lawsuit
CME Group sued the CFTC on Thursday over the agency's decision to classify perpetual futures as futures contracts rather than swaps.
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thedefiant.io
CME Group to Sue CFTC Over Perpetual Futures Approval, Citing Dodd-Frank Swaps Definition - "The Defiant"
CME Group plans to sue the CFTC over its approval of crypto perpetual futures, arguing Dodd-Frank classifies them as swaps. CEO Terrence Duffy disclosed the plan on CNBC on June…
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TD Cowen says CME has the upper hand in lawsuit against CFTC over crypto perpetual futures
"We expect CME will seek a preliminary injunction to block perps as the case proceeds," said TD Cowen's Jaret Seiberg.
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zerohedge.com
Why CME Is Really Suing The CFTC Over Perps
CME wants Kalshi's Bitcoin perp reclassified as a swap, not banned. That distinction reveals what's actually at stake in the CFTC lawsuit...
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coindesk.com
Are perps swaps? A quick look at that CME suit: State of Crypto
CME Group sued the CFTC on Thursday, alleging that the agency was wrong in how it approved Kalshi's first U.S. perpetual futures product.