Crypto
CME vs CFTC: Why Terrence Duffy's Lawsuit Threat Over Kalshi Perpetual Futures Could Reshape Crypto Derivatives
CME Group CEO Terrence Duffy has announced plans to sue the CFTC, arguing Kalshi's perpetual futures product should never have been approved under the Dodd-Frank Act. The legal clash has immediate implications for how crypto derivatives are regulated and traded.