CFTC
CME plans to sue CFTC over perpetual futures approval
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Outgoing CME chief executive Terrence Duffy said the company will file a lawsuit against the CFTC after the regulator approved perpetual futures products earlier this month. Duffy argued that the products do not qualify as futures under the Dodd-Frank Act. The CFTC responded by calling the planned action frivolous.
Hackers stole roughly $3.1 million in PUSD tokens from 11 user wallets on the prediction platform. The theft followed a phishing attack that exploited a compromised third-party vendor.
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Kalshi has rolled out U.S.-regulated crypto perpetual futures contracts covering Bitcoin, Ethereum, Solana, XRP, and HYPE. The CFTC approved the Bitcoin contract on May 29, shifting focus from regulatory approval to trading performance.
U.S. President Donald Trump called it critically important for the CFTC to retain exclusive authority over prediction markets in a Truth Social post late Tuesday afternoon.
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The Commodity Futures Trading Commission has issued a no-action letter providing regulatory relief to prediction market operators. The measure eases compliance with swap data reporting rules for fully collateralized event contracts.
Following December 2025 charter approvals for crypto firms, the OCC has closed comments on proposed rules clarifying national trust bank activities, while the CFTC issued guidance allowing stablecoins as margin collateral. Banking groups continue criticizing the charters as regulatory arbitrage and 'Franken-charters,' urging safeguards.
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Ripple CEO Brad Garlinghouse has been appointed to the U.S. Commodity Futures Trading Commission's Innovation Advisory Committee, coinciding with an over 8% rise in XRP's price to around $1.53. The committee, now expanded to 35 members, aims to advise on digital asset frameworks. This development signals growing collaboration between crypto industry leaders and regulators.
CME Group Sues CFTC Over Kalshi Perpetual Futures Approval
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