Cryptocurrency21 Jun 2026SEO 801 min read

Analysis: Are perps swaps? A quick look at that CME suit: State of Crypto

CME Group sued the CFTC on Thursday, alleging that the agency was wrong in how it approved Kalshi's first U.S. perpetual futures product. CME Group filed…

CME Group sued the CFTC on Thursday, alleging that the agency was wrong in how it approved Kalshi's first U.S. perpetual futures product. CME Group filed a lawsuit against the Commodity Futures Trading Commission alleging it should not have approved Kalshi's perpetual futures contracts the way it did and asking a court to vacate the approval and self-certified products. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government.…

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