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CME to Sue CFTC Over Kalshi Bitcoin Perps Approval

2026-06-18 16:43:38

Abstract generation in progress

CME Group plans to sue the CFTC over its approval of Kalshi Bitcoin perpetual futures, which crossed $1 billion in trading volume within days of the May launch. CEO Terrence Duffy said CME spent eight months building the case with its board. CME argues the contracts are swaps, not futures, and plans to file the lawsuit on June 18.

KALSHI11.24%

BTC-2.32%

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