ME News reports that on September 3 (UTC+8), the U.S. Commodity Futures Trading Commission (CFTC) filed a motion to dismiss CME’s motion regarding the perpetual futures lawsuit. The motion argues that CME lacks standing in this case, citing that CME itself could also offer perpetual futures, meaning any alleged harm is self-inflicted. Previously, CME planned to sue the CFTC over the agency’s approval of Bitcoin perpetual futures for Kalshi. (Source: ODAILY)
CFTC Files Motion to Dismiss CME's Motion in Perpetual Contract Lawsuit
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Summary
On September 3 (UTC+8), the U.S. Commodity Futures Trading Commission (CFTC) filed a motion to dismiss the Chicago Mercantile Exchange’s (CME) legal action regarding perpetual contracts. The CFTC asserts that CME lacks standing, noting that it could launch its own perpetual contracts. CME had previously sued over the CFTC’s approval of Bitcoin perpetuals for Kalshi. Meanwhile, global regulatory frameworks such as MiCA and CFT continue to shape the evolving crypto landscape.
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