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The Commodity Futures Trading Commission has filed a lawsuit against the state of Kentucky, escalating a growing legal battle over who has the authority to regulate prediction markets like Kalshi and Polymarket. This follows Kentucky’s recent legal action against those platforms, which the state says are operating illegal gambling services.
The CFTC argues that prediction markets are under its exclusive federal jurisdiction because they function as regulated financial contracts, not gambling. It says states cannot block or override federal oversight, especially when platforms are operating under federal rules for event-based contracts.
Kentucky, however, takes the opposite view. The state claims that these platforms are effectively offering sports betting under another name, which falls under state gambling laws. Because of this, Kentucky says it has the right to regulate or ban them within its borders.
This conflict has now spread widely, with around 20 U.S. states involved in lawsuits or regulatory actions against prediction market platforms. Some states have tried to ban them entirely, while others are challenging their legality based on gambling laws and consumer protection concerns.
The case is also politically notable because Kentucky is the first Republican-led state to be sued in this series of disputes. Previously, most legal actions from the CFTC targeted Democratic-led states, even though both parties have taken action against prediction platforms.
At the center of the dispute are companies like Kalshi and Polymarket, which allow users to trade contracts based on real-world events. The outcome of this legal fight could determine whether prediction markets are treated like financial derivatives under federal law or like gambling under state law.#CFTC #Kalshi #Polymarket
The CFTC argues that prediction markets are under its exclusive federal jurisdiction because they function as regulated financial contracts, not gambling. It says states cannot block or override federal oversight, especially when platforms are operating under federal rules for event-based contracts.
Kentucky, however, takes the opposite view. The state claims that these platforms are effectively offering sports betting under another name, which falls under state gambling laws. Because of this, Kentucky says it has the right to regulate or ban them within its borders.
This conflict has now spread widely, with around 20 U.S. states involved in lawsuits or regulatory actions against prediction market platforms. Some states have tried to ban them entirely, while others are challenging their legality based on gambling laws and consumer protection concerns.
The case is also politically notable because Kentucky is the first Republican-led state to be sued in this series of disputes. Previously, most legal actions from the CFTC targeted Democratic-led states, even though both parties have taken action against prediction platforms.
At the center of the dispute are companies like Kalshi and Polymarket, which allow users to trade contracts based on real-world events. The outcome of this legal fight could determine whether prediction markets are treated like financial derivatives under federal law or like gambling under state law.#CFTC #Kalshi #Polymarket
🚨 BREAKING: The CFTC just filed a lawsuit against Kentucky, marking the 9th state the regulator has taken on in its battle over prediction markets.
Kentucky sued Polymarket and Kalshi last week, calling them unlicensed gambling platforms. The CFTC fired back, arguing these are federally regulated event contracts under its exclusive jurisdiction.
The state also imposed a 14.25% excise tax on prediction market fees — a move the CFTC says is designed to make them economically unviable.
CFTC Chair Mike Selig stated: Kentucky is the latest state attempting to shut down federally-regulated event contracts. The regulator is doubling down on protecting its federal authority.
This federal vs. states power play is massive. With prediction markets booming, the battle over who regulates them is heating up fast.
Do you think federal regulators should have final say over prediction markets, or should states have the right to protect their citizens? 🤔
$BTC $ETH $SOL
#CFTC #PredictionMarkets #CryptoRegulation #Web3 #FederalVsStates
Kentucky sued Polymarket and Kalshi last week, calling them unlicensed gambling platforms. The CFTC fired back, arguing these are federally regulated event contracts under its exclusive jurisdiction.
The state also imposed a 14.25% excise tax on prediction market fees — a move the CFTC says is designed to make them economically unviable.
CFTC Chair Mike Selig stated: Kentucky is the latest state attempting to shut down federally-regulated event contracts. The regulator is doubling down on protecting its federal authority.
This federal vs. states power play is massive. With prediction markets booming, the battle over who regulates them is heating up fast.
Do you think federal regulators should have final say over prediction markets, or should states have the right to protect their citizens? 🤔
$BTC $ETH $SOL
#CFTC #PredictionMarkets #CryptoRegulation #Web3 #FederalVsStates
The CFTC chair just made a bold admission about crypto regulation.
Michael Selig told US cotton producers that crypto perpetual futures may not be a "natural fit" for traditional commodity markets like agriculture. He said 24-7 trading and the perpetual model don't align with markets that observe limited hours and rely on physical delivery.
This comes after the CFTC recently approved perpetual futures tied to Bitcoin. The agency is now facing legal pushback — CME Group sued them last week, alleging the approvals violated the Commodity Exchange Act.
Meanwhile, Trump still hasn't filled the CFTC's five-person panel. Selig is currently the only commissioner. The US Senate is expected to vote on the CLARITY Act in weeks, which could reshape how both the CFTC and SEC oversee digital assets.
This regulatory tug-of-war shows how the lines between traditional finance and crypto continue to blur. What happens when 24/7 crypto markets clash with centuries-old commodity trading rules?
#CFTC #CryptoRegulation #BitcoinFutures #Crypto
Michael Selig told US cotton producers that crypto perpetual futures may not be a "natural fit" for traditional commodity markets like agriculture. He said 24-7 trading and the perpetual model don't align with markets that observe limited hours and rely on physical delivery.
This comes after the CFTC recently approved perpetual futures tied to Bitcoin. The agency is now facing legal pushback — CME Group sued them last week, alleging the approvals violated the Commodity Exchange Act.
Meanwhile, Trump still hasn't filled the CFTC's five-person panel. Selig is currently the only commissioner. The US Senate is expected to vote on the CLARITY Act in weeks, which could reshape how both the CFTC and SEC oversee digital assets.
This regulatory tug-of-war shows how the lines between traditional finance and crypto continue to blur. What happens when 24/7 crypto markets clash with centuries-old commodity trading rules?
#CFTC #CryptoRegulation #BitcoinFutures #Crypto
The Commodity Futures Trading Commission is asking whether energy markets, like oil, should trade 24 hours a day, 7 days a week—similar to crypto markets. Right now, most energy futures only trade during set hours, but this proposal could allow continuous trading without changing how contracts expire or settle.
Another key idea is introducing “perpetual contracts” into energy markets. These are already widely used in crypto and do not have an expiration date. Instead of rolling over contracts again and again, traders can hold positions continuously. The CFTC is now exploring whether this model could work for real-world commodities like crude oil, even though they involve physical delivery and storage.
This shift is strongly influenced by crypto. The CFTC recently approved similar perpetual products for platforms like Coinbase, and now it is considering expanding that structure into traditional markets. However, energy markets are more complex than crypto because they depend on real supply chains, shipping, and storage.
For investors, this could be a big change. 24/7 trading would allow faster reactions to global events, especially news that happens outside normal market hours. Perpetual contracts could also reduce costs and simplify strategies by removing the need to constantly roll over futures contracts.
However, there are risks. The CFTC is concerned about low liquidity during off-hours and potential market instability. They are collecting public feedback for 30 days before deciding what to do next.
Insight: This is a major sign that traditional finance is adopting ideas from crypto. If approved, energy markets could become more flexible and efficient—but also more complex and possibly more volatile, especially during overnight trading when fewer participants are active.
#CFTCSeeksPublicInputOnPerpetualContracts #CFTC $CL #oil
Another key idea is introducing “perpetual contracts” into energy markets. These are already widely used in crypto and do not have an expiration date. Instead of rolling over contracts again and again, traders can hold positions continuously. The CFTC is now exploring whether this model could work for real-world commodities like crude oil, even though they involve physical delivery and storage.
This shift is strongly influenced by crypto. The CFTC recently approved similar perpetual products for platforms like Coinbase, and now it is considering expanding that structure into traditional markets. However, energy markets are more complex than crypto because they depend on real supply chains, shipping, and storage.
For investors, this could be a big change. 24/7 trading would allow faster reactions to global events, especially news that happens outside normal market hours. Perpetual contracts could also reduce costs and simplify strategies by removing the need to constantly roll over futures contracts.
However, there are risks. The CFTC is concerned about low liquidity during off-hours and potential market instability. They are collecting public feedback for 30 days before deciding what to do next.
Insight: This is a major sign that traditional finance is adopting ideas from crypto. If approved, energy markets could become more flexible and efficient—but also more complex and possibly more volatile, especially during overnight trading when fewer participants are active.
#CFTCSeeksPublicInputOnPerpetualContracts #CFTC $CL #oil
The CFTC is taking legal action against Kentucky to preserve the activity of Polymarket and Kalshi
The CFTC is filing a lawsuit against Kentucky following the measures taken by the U.S. state against the prediction market platforms Polymarket and Kalshi. The conflict revolves around the regulation of event contracts and the distribution of powers between federal and local authorities. The agency believes that these platforms fall under a federal regulatory framework, while Kentucky sees certain activities as akin to sports betting.
The CFTC is suing Kentucky after the actions taken against the prediction market platforms Polymarket and Kalshi.
The U.S. authority claims that these markets are under its exclusive federal jurisdiction.
Kentucky considers certain contracts related to sporting events as products similar to sports betting.
Kalshi and Polymarket deny these allegations and defend their status as regulated derivatives.
This case could influence the future of prediction market regulation in the United States.
CFTC: a legal offensive against Kentucky's measures
The CFTC (Commodity Futures Trading Commission) challenges Kentucky's decisions aimed at the prediction markets of Polymarket and Kalshi at the federal level. The U.S. authority seeks to prevent the state from imposing its own rules on platforms already regulated under federal law. According to the agency, these measures challenge the exclusive authority granted by Congress over these markets.
$CFX
$POP
$KAITO
#CFTC
The CFTC is filing a lawsuit against Kentucky following the measures taken by the U.S. state against the prediction market platforms Polymarket and Kalshi. The conflict revolves around the regulation of event contracts and the distribution of powers between federal and local authorities. The agency believes that these platforms fall under a federal regulatory framework, while Kentucky sees certain activities as akin to sports betting.
The CFTC is suing Kentucky after the actions taken against the prediction market platforms Polymarket and Kalshi.
The U.S. authority claims that these markets are under its exclusive federal jurisdiction.
Kentucky considers certain contracts related to sporting events as products similar to sports betting.
Kalshi and Polymarket deny these allegations and defend their status as regulated derivatives.
This case could influence the future of prediction market regulation in the United States.
CFTC: a legal offensive against Kentucky's measures
The CFTC (Commodity Futures Trading Commission) challenges Kentucky's decisions aimed at the prediction markets of Polymarket and Kalshi at the federal level. The U.S. authority seeks to prevent the state from imposing its own rules on platforms already regulated under federal law. According to the agency, these measures challenge the exclusive authority granted by Congress over these markets.
$CFX
$POP
$KAITO
#CFTC
CFTC Sues Kentucky: The Legal Battle Over Prediction Markets Continues
• The Commodity Futures Trading Commission (CFTC) has officially filed a lawsuit against the state of Kentucky, marking it as the ninth state that the agency is facing off against in the legal battle concerning prediction markets.
• This lawsuit follows previous legal actions by the CFTC aimed at regulating and overseeing prediction market platforms, which often operate in the Web3 space and utilize blockchain technology.
• This move highlights the increasing scrutiny from U.S. regulators over new financial products, particularly those that may involve cryptocurrencies and decentralized technology.
• Prediction markets allow users to bet on the outcomes of future events, and their nature is becoming a focal point of legal controversy.
#BinanceSquare #CryptoNews #CFTC #PredictionMarkets #Web3 Regulation
$btc $eth
vlikevn Titanbot
Source: CoinTelegraph
• The Commodity Futures Trading Commission (CFTC) has officially filed a lawsuit against the state of Kentucky, marking it as the ninth state that the agency is facing off against in the legal battle concerning prediction markets.
• This lawsuit follows previous legal actions by the CFTC aimed at regulating and overseeing prediction market platforms, which often operate in the Web3 space and utilize blockchain technology.
• This move highlights the increasing scrutiny from U.S. regulators over new financial products, particularly those that may involve cryptocurrencies and decentralized technology.
• Prediction markets allow users to bet on the outcomes of future events, and their nature is becoming a focal point of legal controversy.
#BinanceSquare #CryptoNews #CFTC #PredictionMarkets #Web3 Regulation
$btc $eth
vlikevn Titanbot
Source: CoinTelegraph
CFTC Chair Admits: Perpetual Contracts Aren't Suitable for All Assets!
CFTC Chair Selig's latest statement: the crypto perpetual contract model "isn't suitable for all regulated asset classes," especially traditional commodities like agriculture.🤯
Key points:
✅ He just approved Kalshi's BTC perpetual contract (first week trading volume hit over $1 billion)
✅ But he also admitted that this 24/7 model doesn't fit with commodities like corn and hogs
✅ CME has already counter-sued the CFTC
✅ The Senate CLARITY Act is set for a vote in a few weeks
The regulatory boundaries are getting blurrier, who will be in charge of what in the future?👀
#CFTC #加密監管 #BTC
#BTC #CFTC
CFTC Chair Selig's latest statement: the crypto perpetual contract model "isn't suitable for all regulated asset classes," especially traditional commodities like agriculture.🤯
Key points:
✅ He just approved Kalshi's BTC perpetual contract (first week trading volume hit over $1 billion)
✅ But he also admitted that this 24/7 model doesn't fit with commodities like corn and hogs
✅ CME has already counter-sued the CFTC
✅ The Senate CLARITY Act is set for a vote in a few weeks
The regulatory boundaries are getting blurrier, who will be in charge of what in the future?👀
#CFTC #加密監管 #BTC
#BTC #CFTC
CFTC Chair: Perpetual Contracts Aren't Suitable for All Assets
- CFTC Chair Michael Selig stated that the regulatory approach to perpetual (perp) crypto contracts may not be a fit for traditional commodity markets like agriculture.
- He emphasized that perp trading isn't a "natural fit" for all the assets that the agency oversees.
- This statement was made during a meeting with U.S. cotton producers.
#CFTC #CryptoNews #PerpetualFutures #Regulation
$btc $eth
#vlikevn Titanbot
Source: CoinTelegraph
- CFTC Chair Michael Selig stated that the regulatory approach to perpetual (perp) crypto contracts may not be a fit for traditional commodity markets like agriculture.
- He emphasized that perp trading isn't a "natural fit" for all the assets that the agency oversees.
- This statement was made during a meeting with U.S. cotton producers.
#CFTC #CryptoNews #PerpetualFutures #Regulation
$btc $eth
#vlikevn Titanbot
Source: CoinTelegraph
🚨 Regulators Are Taking a Closer Look at Crypto Derivatives
The SEC and CFTC have launched a joint review of US derivatives rules, opening the door for public feedback on swaps, security-based swaps, and emerging financial products.
The timing is no coincidence.
A growing dispute over crypto perpetual futures has put the spotlight on how these products should be regulated, with CME challenging the CFTC’s approval process.
This review could have major implications for the future of crypto trading in the United States.
👀 Regulation is becoming one of the biggest catalysts for the next market cycle.
#crypto #CFTC #bitcoin #Ethereum #CryptoNews $BTC
📈 Follow for more crypto market updates and insights.
The SEC and CFTC have launched a joint review of US derivatives rules, opening the door for public feedback on swaps, security-based swaps, and emerging financial products.
The timing is no coincidence.
A growing dispute over crypto perpetual futures has put the spotlight on how these products should be regulated, with CME challenging the CFTC’s approval process.
This review could have major implications for the future of crypto trading in the United States.
👀 Regulation is becoming one of the biggest catalysts for the next market cycle.
#crypto #CFTC #bitcoin #Ethereum #CryptoNews $BTC
📈 Follow for more crypto market updates and insights.
CFTC Seeks Public Input on 24/7 Trading of Standard Futures and Launching Energy Perpetual Contracts
On June 22, the U.S. Commodity Futures Trading Commission (CFTC) published a notice seeking public input on two significant developments in the energy derivatives market.
The topics include extending the trading hours of standard futures contracts to 24/7 continuous trading and whether to allow the launch of perpetual contracts based on physical delivery or storable energy commodities like crude oil.
CFTC Chairman Michael S. Selig stated that when registered entities extend trading hours and introduce new contract designs, a clear data record system must be built to help the Commission more accurately assess the impact of these changes on the market.
He pointed out that this request for comments aims to support the Commission in responsible innovation while committing to maintaining the anti-manipulation and market disruption protections relied upon by market participants and the public.
Specifically, this request for comments revolves around two core sets of issues. First, the topic will involve changing standard futures, including energy futures, to 24-hour continuous trading while keeping the original contract expiration dates, with no substantial changes to delivery and settlement terms.
Secondly, the focus will be on the uniqueness of perpetual contracts, particularly regarding the issues involved when they are based on physical delivery or storable energy commodities. Due to the special structure of these products, regulatory guidelines need to be assessed separately.
Currently, the CFTC plans to use the information and comments received to enhance the precise evaluation of these developments. The public must submit written feedback within 30 days from the publication of this notice in the Federal Register.
#CFTC
On June 22, the U.S. Commodity Futures Trading Commission (CFTC) published a notice seeking public input on two significant developments in the energy derivatives market.
The topics include extending the trading hours of standard futures contracts to 24/7 continuous trading and whether to allow the launch of perpetual contracts based on physical delivery or storable energy commodities like crude oil.
CFTC Chairman Michael S. Selig stated that when registered entities extend trading hours and introduce new contract designs, a clear data record system must be built to help the Commission more accurately assess the impact of these changes on the market.
He pointed out that this request for comments aims to support the Commission in responsible innovation while committing to maintaining the anti-manipulation and market disruption protections relied upon by market participants and the public.
Specifically, this request for comments revolves around two core sets of issues. First, the topic will involve changing standard futures, including energy futures, to 24-hour continuous trading while keeping the original contract expiration dates, with no substantial changes to delivery and settlement terms.
Secondly, the focus will be on the uniqueness of perpetual contracts, particularly regarding the issues involved when they are based on physical delivery or storable energy commodities. Due to the special structure of these products, regulatory guidelines need to be assessed separately.
Currently, the CFTC plans to use the information and comments received to enhance the precise evaluation of these developments. The public must submit written feedback within 30 days from the publication of this notice in the Federal Register.
#CFTC
⚖️ THE CFTC OPENS PUBLIC DEBATE ON PERPETUAL CONTRACTS 🚀
Historic shift in financial regulation! The U.S. CFTC has formally requested public input to assess the expansion of perpetual contracts and 24/7 trading in traditional derivatives markets, like energy and commodities.
This move marks the first major regulatory spotlight in days. 🏛️
The initiative responds to intense pressure from traditional exchanges such as CME Group and ICE, which warn about how the massive volume of perpetuals traded on unregulated crypto and offshore platforms (like Hyperliquid) impacts global prices. The CFTC aims to analyze the feasibility of listing continuous contracts that trade 24/7, eliminating weekend shutdowns. 📊
This debate comes right after the approval of the first regulated Bitcoin perpetuals, which sparked a legal battle where CME Group accuses the regulator of bypassing its own statutes. The CFTC will keep a 30-day window open to gather feedback from traders and funds before laying down the new rules of the game. 📈
#CFTC #PerpetualContracts #Trading #Hyperliquid #CryptoNews
$BTC
$ETH
$BNB
Historic shift in financial regulation! The U.S. CFTC has formally requested public input to assess the expansion of perpetual contracts and 24/7 trading in traditional derivatives markets, like energy and commodities.
This move marks the first major regulatory spotlight in days. 🏛️
The initiative responds to intense pressure from traditional exchanges such as CME Group and ICE, which warn about how the massive volume of perpetuals traded on unregulated crypto and offshore platforms (like Hyperliquid) impacts global prices. The CFTC aims to analyze the feasibility of listing continuous contracts that trade 24/7, eliminating weekend shutdowns. 📊
This debate comes right after the approval of the first regulated Bitcoin perpetuals, which sparked a legal battle where CME Group accuses the regulator of bypassing its own statutes. The CFTC will keep a 30-day window open to gather feedback from traders and funds before laying down the new rules of the game. 📈
#CFTC #PerpetualContracts #Trading #Hyperliquid #CryptoNews
$BTC
$ETH
$BNB
CFTC is trending number one, but the fear index is stuck at 22, while $BTC is still at $61k.
CFTC is trending number one, but the fear and greed index remains at 22, and the gainers list hasn’t changed; $BTC is still hovering around $61k.
#CFTCSeeksPublicInputOnPerpetualContracts continues to trend number one. This is a significant signal – regulators are keeping an eye on perpetual contracts.
Interestingly, the market shows no reaction. The fear and greed index is unchanged at 22, and $BTC is still trading sideways at $61k.
What does this indicate? It suggests that the market has already priced in the expectation of "regulation is inevitable." It’s not bearish, as it’s already been factored in.
Using the CoinRadar system, the gainers list shows: $DN +352.7%, RE +86.6%, with 15 coins up over 44%. The market structure is solid.
Currently, three regulatory lines are advancing simultaneously:
1. CFTC (USA) – Perpetual contract rules
2. Bank of England – Stablecoin framework
3. MS (Wall Street) – ETH/SOL ETF
Three lines running parallel for the first time in history. This isn’t a coincidence; it’s a turning point for crypto compliance.
Do you think CFTC regulation on perpetual contracts will be bullish or bearish for the market?
This does not constitute investment advice. The market carries risks; trade cautiously.
#CFTC #BTC #CoinRadar
CFTC is trending number one, but the fear and greed index remains at 22, and the gainers list hasn’t changed; $BTC is still hovering around $61k.
#CFTCSeeksPublicInputOnPerpetualContracts continues to trend number one. This is a significant signal – regulators are keeping an eye on perpetual contracts.
Interestingly, the market shows no reaction. The fear and greed index is unchanged at 22, and $BTC is still trading sideways at $61k.
What does this indicate? It suggests that the market has already priced in the expectation of "regulation is inevitable." It’s not bearish, as it’s already been factored in.
Using the CoinRadar system, the gainers list shows: $DN +352.7%, RE +86.6%, with 15 coins up over 44%. The market structure is solid.
Currently, three regulatory lines are advancing simultaneously:
1. CFTC (USA) – Perpetual contract rules
2. Bank of England – Stablecoin framework
3. MS (Wall Street) – ETH/SOL ETF
Three lines running parallel for the first time in history. This isn’t a coincidence; it’s a turning point for crypto compliance.
Do you think CFTC regulation on perpetual contracts will be bullish or bearish for the market?
This does not constitute investment advice. The market carries risks; trade cautiously.
#CFTC #BTC #CoinRadar
The _Trading _Greek:
🔥 Nice post! "Follow" my profile for daily crypto trading insights & market updates 📈🚀
US CFTC Seeks Feedback on 24/7 Futures Trading and Energy Perpetual Contracts
The U.S. Commodity Futures Trading Commission (CFTC) has put out a request for comments on two major reforms: extending standard futures contract trading hours to 24/7 round-the-clock trading and allowing listings of perpetual contracts based on physical delivery or storable energy commodities, including crude oil and others.
Why it matters: This is the first time the CFTC has formally considered the crypto-style 24/7 trading and perpetual contract mechanisms for the traditional commodities space, which could fundamentally change the structure of the derivatives market.
#CFTC #期货 #永续合约 #加密监管 #Web3
The U.S. Commodity Futures Trading Commission (CFTC) has put out a request for comments on two major reforms: extending standard futures contract trading hours to 24/7 round-the-clock trading and allowing listings of perpetual contracts based on physical delivery or storable energy commodities, including crude oil and others.
Why it matters: This is the first time the CFTC has formally considered the crypto-style 24/7 trading and perpetual contract mechanisms for the traditional commodities space, which could fundamentally change the structure of the derivatives market.
#CFTC #期货 #永续合约 #加密监管 #Web3
CME is suing its regulator – a rare move that shows the battle for defining "futures" and "swaps" has hit the courts.
The lawsuit claims that the CFTC improperly approved Kalshi's perpetual contracts (perps), violating the Dodd-Frank Act. The crux is that perps are essentially swaps, not futures – if the court rules this way, the entire regulatory framework for perps in the U.S. could be upended.
Direct consequence: institutions gearing up to list perps face significant legal risks. Meanwhile, traders can clearly see uncertainty spilling over into the derivatives market. Advice: don’t trade on emotions, prioritize capital management, and understand that perps are currently in a legal "gray area." This lawsuit is just the beginning.
#Pháplý #CFTC #CME #Crypto #RiskManagement
The lawsuit claims that the CFTC improperly approved Kalshi's perpetual contracts (perps), violating the Dodd-Frank Act. The crux is that perps are essentially swaps, not futures – if the court rules this way, the entire regulatory framework for perps in the U.S. could be upended.
Direct consequence: institutions gearing up to list perps face significant legal risks. Meanwhile, traders can clearly see uncertainty spilling over into the derivatives market. Advice: don’t trade on emotions, prioritize capital management, and understand that perps are currently in a legal "gray area." This lawsuit is just the beginning.
#Pháplý #CFTC #CME #Crypto #RiskManagement
CME Sues CFTC Over Kalshi's Perpetual Futures Product
* CME Group filed a lawsuit against the Commodity Futures Trading Commission (CFTC) on Thursday.
* CME claims that the CFTC improperly approved Kalshi's first perpetual futures product in the U.S.
* This lawsuit has sparked debates over regulation and the development of new derivative products in the financial market.
* This is a significant development as regulators seek to shape the future of complex financial instruments.
#BinanceSquare #CryptoNews #CFTC #CME #PerpetualFutures Regulation
$btc $eth
vlikevn Titanbot
Source: CoinDesk
* CME Group filed a lawsuit against the Commodity Futures Trading Commission (CFTC) on Thursday.
* CME claims that the CFTC improperly approved Kalshi's first perpetual futures product in the U.S.
* This lawsuit has sparked debates over regulation and the development of new derivative products in the financial market.
* This is a significant development as regulators seek to shape the future of complex financial instruments.
#BinanceSquare #CryptoNews #CFTC #CME #PerpetualFutures Regulation
$btc $eth
vlikevn Titanbot
Source: CoinDesk
🫧 What if you were banned from trading for life?
That's what happened to the former CEO of the Celsius protocol, recently sentenced to 12 years in the slammer after the platform's collapse in 2022.
The CFTC had filed a complaint against him. But yesterday, a deal was struck: the CFTC drops the complaint in exchange for a lifetime ban on trading regulated assets!
#CelsiusDrama #CFTC $RE
That's what happened to the former CEO of the Celsius protocol, recently sentenced to 12 years in the slammer after the platform's collapse in 2022.
The CFTC had filed a complaint against him. But yesterday, a deal was struck: the CFTC drops the complaint in exchange for a lifetime ban on trading regulated assets!
#CelsiusDrama #CFTC $RE
$BTC The US regulators are making moves on perpetual contracts, and both bulls and bears are waiting for the other side to bite the dust.
The SEC and CFTC are both seeking public input—are perpetual contracts swaps or futures? Meanwhile, CME has sued the CFTC, aiming to grab a slice of the crypto perpetual contract market.
Shadow's take: This isn't just talk from Washington; it's messing with your leverage. If perpetual contracts are classified as "swaps" under SEC jurisdiction, it could shake up the entire offshore exchange business model. However, Shadow believes that this regulatory tussle will create short-term uncertainty but will ultimately benefit compliance in the long run—it's all about which exchange can snag a license first. Currently, BTC open interest is weak, and the funding rates aren't giving us any directional signals; both bulls and bears are sitting tight during this regulatory limbo. In this environment, chasing pumps and dumps is just handing your opponent bullets.
💬 If the US really sets jurisdiction over perpetual contracts, who do you think will be affected first, Binance or OKX? If you've got positions, let's chat.
#永续合约 #CFTC #SEC #ShadowShaman
The SEC and CFTC are both seeking public input—are perpetual contracts swaps or futures? Meanwhile, CME has sued the CFTC, aiming to grab a slice of the crypto perpetual contract market.
Shadow's take: This isn't just talk from Washington; it's messing with your leverage. If perpetual contracts are classified as "swaps" under SEC jurisdiction, it could shake up the entire offshore exchange business model. However, Shadow believes that this regulatory tussle will create short-term uncertainty but will ultimately benefit compliance in the long run—it's all about which exchange can snag a license first. Currently, BTC open interest is weak, and the funding rates aren't giving us any directional signals; both bulls and bears are sitting tight during this regulatory limbo. In this environment, chasing pumps and dumps is just handing your opponent bullets.
💬 If the US really sets jurisdiction over perpetual contracts, who do you think will be affected first, Binance or OKX? If you've got positions, let's chat.
#永续合约 #CFTC #SEC #ShadowShaman
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