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CFTC asks court to dismiss CME lawsuit over Kalshi Bitcoin perpetual approval, CryptoCompass reports
- CFTC asks court to dismiss CME lawsuit over Kalshi Bitcoin perpetual approval, CryptoCompass reports — CryptoCompass reported the CFTC asked Judge Colleen Kollar-Kotelly on October 16 to dismiss CME's June 18 lawsuit over the approval of Kalshi's Bitcoin perpetual, arguing CME showed no harm as its own crypto futures volume rose from about 2.66 million contracts in May to 3.28 million in September. CME, Nasdaq and Cboe also objected to the SEC on October 14 over Kalshi's planned perpetual security futures tied to individual stocks. (CryptoCompass)
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