CME Plans CFTC Lawsuit Over Perpetual Futures Approval

Derivatives giant CME Group is preparing to take the US Commodity Futures Trading Commission to court over the regulator’s approval of perpetual futures, setting up a sharp public clash over one of crypto trading’s most important product categories.TL;DRCME CEO Terry Duffy said on CNBC that the exchange plans to sue the CFTC over perpetual futures approvals.The dispute centers on retail-facing perpetual futures and how those products should be supervised.The article should frame the