CFTC files motion to dismiss CME crypto perpetual futures lawsuit
The US Commodity Futures Trading Commission has filed a motion to dismiss a civil suit filed by CME Group, arguing the regulator’s treatment of cryptocurrency “futures” as “swaps” conflicts with Congress.
The US Commodity Futures Trading Commission (CFTC) has filed a motion to dismiss a civil suit filed by the Chicago Mercantile Exchange (CME) Group, which claimed that the regulator’s treatment of cryptocurrency “futures” as “swaps” went against Congress.In a Wednesday filing in the US District Cour…