TD Cowen says CME has the upper hand in lawsuit against CFTC over crypto perpetual futures
"We expect CME will seek a preliminary injunction to block perps as the case proceeds," said TD Cowen's Jaret Seiberg.
Watchlist
Archive context. The story has cross-source confirmation.
"We expect CME will seek a preliminary injunction to block perps as the case proceeds," said TD Cowen's Jaret Seiberg.
Why this matters
CFTC is showing up inside the Regulation theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on The BlockRelated market context
Commodity Markets Council urges CFTC to block Kalshi’s perpetual oil futures contract
Blocking Kalshi's contract could maintain current oil market structures, while approval might lead to increased complexity and vol...
BitGo-Held Bitcoin and Ether Will Secure Perps Margin Loans for Some Kalshi Prime Clients
Kalshi Prime clients will be able to take out loans against Bitcoin, Ether and stablecoins held at BitGo and put the cash toward m...
CFTC chair calls for uniform US crypto regulations amid state disparities
Uniform crypto regulations could stabilize market sentiment, influence federal policy, and reshape the U.S. crypto regulatory land...
Polymarket Takes Ohio to Federal Court, Citing New CFTC Rules After Kalshi’s Appeals Loss
Polymarket US has sued Ohio’s attorney general and casino regulators in federal court, arguing that CFTC rulemaking from this mont...
Securitize CEO says public companies will want tokenized trading
Tokenized trading could revolutionize capital markets by enhancing liquidity, expanding investor access, and modernizing infrastru...
Cardano Pushes Back on EU MiCA Expansion for DeFi, Staking and Crypto Lending
Key Takeaways: The Cardano Foundation advocated against the EU coming up with new rules for DeFi, staking, lending, or protocol-le...