CME Group to Sue the CFTC Over Crypto Perps for Kalshi

CME Group will sue the Commodity Futures Trading Commission over its approval of crypto perps in the US, CEO Terrence Duffy announced on CNBC. Duffy, who steps down in March 2027, said he has spent eight months building the case with his board and will not back down. The CFTC approved prediction market platform Kalshi