CME sues CFTC over KalshiEX Bitcoin perpetual futures classification

Verifying
  • CME Group sued the CFTC over KalshiEX’s classification of Bitcoin perpetual contracts as futures.
  • $93 trillion is Bank of America’s projected 2025 crypto perpetual trading volume.
  • The CFTC accepted KalshiEX’s Bitcoin perpetual contract as a futures product on May 29.
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