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SEC and CFTC Open Public Consultation on Crypto Derivatives Rules After CME Lawsuit Threat

By

Rizwan Ansari

5d ago· 3 min readenNews

Summary

Following CME Group's threat to sue the CFTC over Bitcoin perpetual futures rules, the SEC and CFTC jointly opened a public consultation seeking feedback on how digital asset derivatives should be classified, regulated, and supervised. This move signals that U.S. regulators acknowledge existing financial rules may no longer be suitable for modern crypto markets.

Source

bskySEC and CFTC Open Public Consultation on Crypto Derivatives Rules After CME Lawsuit Threatcoinpedia.org

Key quotes

· 3 pulled
This shows that even regulators acknowledge existing rules may no longer fit today's markets.
On 18 June, the U.S. Securities and Exchange Commission (SEC) and CFTC jointly requested public feedback on how digital asset derivatives should be classified, regulated, and supervised.
They said they want public input
Snippet from the RSS feed
Less than 24 hours after CME Group announced plans to sue the Commodity Futures Trading Commission (CFTC) over Bitcoin perpetual futures, U.S. regulators,

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