Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-06-05
05:22

CME CEO Warns Crypto Perpetual Futures Pose Major Risks; CFTC Approves First US Products With Up to 50x Leverage on June 4

CME CEO Terry Duffy warned on June 4 that cryptocurrency perpetual futures approved by the CFTC pose major risks to investors and financial stability. Speaking at Piper Sandler's Global Exchange & Fintech conference, Duffy described the products as "a disaster waiting to happen," citing concerns
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