CryptoPulse.The CFTC is opposing CME’s legal stance in a dispute over U.S. perpetual futures, arguing that CME has not shown the relevant policy is causing harm. The supplied information says the CFTC approved CME’s first bitcoin perpetual futures contract. It does not establish the case’s outcome or the scope of any market effects.
The CFTC is reported to be opposing CME’s legal position in a dispute over U.S. policy concerning perpetual futures. It argues CME has not shown the relevant policy is causing harm.
The dispute could bear on how perpetual futures are treated under U.S. policy. The available information does not show what legal outcome will follow or how broadly any effects may reach.
BTC was reported at $84,711, up 2.05% over 24 hours. The supplied data does not establish that the move was caused by the dispute.
Watch for further court or agency developments and clarification of whether the dispute affects the availability or oversight of perpetual futures in the United States.
The CFTC approved CME’s first bitcoin perpetual futures contract, according to the supplied source.
The CFTC reportedly opposed CME’s legal stance in the policy dispute.