CME CEO Warns US Crypto Perpetual Futures Could Heighten Retail Risk

CME Group CEO Terry Duffy said the first batch of CFTC-approved crypto perpetual futures worries him. Duffy said perpetual futures have almost no practical use for institutional investors. Duffy said the contracts expose retail investors to excessive risk and criticized the quick review. Kalshi listed the first approved contracts, and multiple US exchanges are discussing launches.
KALSHI1.21%
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