CME Group Sues CFTC Over Approval of Kalshi's Perpetual Futures Contracts
By
Nikhilesh De
5h ago· 17 min readenNews
Summary
CME Group filed a lawsuit against the CFTC, alleging the agency improperly approved Kalshi's first U.S. perpetual futures product. The lawsuit asks a court to vacate the approval and the self-certified products, marking a significant legal challenge in the crypto derivatives market.
Source
bskyCME Group Sues CFTC Over Approval of Kalshi's Perpetual Futures Contractscoindesk.comKey quotes
· 3 pulledCME Group filed a lawsuit against the Commodity Futures Trading Commission alleging it should not have approved Kalshi's perpetual futures contracts the way it did
The lawsuit asks a court to vacate the approval and self-certified products
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
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.
You might also wanna read
Jane Street Faces Lawsuit Over Alleged Insider Trading in Terra's $40B Collapse
A new lawsuit accuses Jane Street, a major Wall Street trading firm, of insider trading related to the $40 billion Terra-Luna cryptocurrency
disruptionbanking.com·3mo ago
Understanding Perpetual Futures in Cryptocurrency Markets
This article provides an in-depth explanation of perpetual futures (perps) in cryptocurrency markets, examining their structure, purpose, an
bitsaboutmoney.com·6mo ago
Federal Judge Temporarily Blocks Arizona's Prosecution of Prediction Market Kalshi
A federal judge has temporarily barred Arizona from enforcing its gambling laws against prediction market operator Kalshi, which faces 20 mi
deadstack.net·6mo agoKalshi CEO expects US DOJ to prosecute insider trading cases
semafor.com·2mo ago