CME Group Sues CFTC Over Competitor Crypto Perpetual Futures Approval
CME Group, the world’s largest traditional futures exchange, has filed a federal lawsuit against the Commodity Futures Trading Commission (CFTC), as detailed in the official announcement. This legal action challenges the CFTC’s recent approval of competitor crypto perpetual futures contracts, arguing the regulator overstepped its statutory authority under the Commodity Exchange Act. CME Group, a…