CME Group sues CFTC over crypto perpetual futures

Source: PACER The lawsuit came just one day after CME CEO Terrence Duffy said that the company would be taking legal action against the CFTC. In a Monday CNBC interview, Selig said that perpetual futures contracts “trade very similarly” to others, describing the CFTC’s position as “good for investors” and claiming that the Commodity Exchange Act “does not define the term ‘futures contract.’” A CFTC spokesperson told Cointelegraph that CME had engaged in “lawfare” against the agency and the administration’s crypto policies, calling the complaint “frivolous.” Related: ICE, CME press US regulators to 'rein in' Hyperliquid energy trading: Report Kraken also announced the launch of perpetual futures trading for US users through CFTC-regulated platform Bitnomial. CME CEO Terry Duffy. Source: CNBC Fast Money Confirmed by the US Senate in December 2025, Selig remains the chair and sole commissioner at the CFTC in a leadership panel intended to consist of a bipartisan group of five people. As of Thursday, US President Donald Trump had not announced any nominations to fill the seats, despite urging from many members of Congress to do so. Magazine: OpenAI files for IPO, SEC scraps 611 rule and Hungary overhauls crypto: Hodlers Digest June 7-13 More on the subject