CFTC pushes to block CME's lawsuit over Kalshi's Bitcoin perpetual futures contract

CME challenged the CFTC's approval of Kalshi's perpetual futures product, but regulators now argue CME hasn't shown it suffered direct financial harm — a threshold the CFTC says is required to mount the legal challenge. The outcome will determine whether CME's bid to block a competitor's bitcoin derivatives product succeeds.

Bitcoin, when it matters — Telegram, X, your inbox, your lock screen.