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Crypto Regulation

CFTC Moves to Dismiss CME Suit; Legal Experts Back Perps-as-Futures

The CFTC has asked a judge to dismiss CME’s challenge to its classification of perpetual futures as futures rather than swaps. At an Unchained panel, lawyers from Hyperliquid Policy Center, WilmerHale, and Temporal supported the CFTC’s stance, arguing that perps are futures. The move could shape regulatory oversight of crypto derivatives.

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