CME lawsuit over Kalshi Bitcoin perpetuals stories

Sep 3, 2026

CFTC files to dismiss CME lawsuit over Kalshi's Bitcoin perpetual futures approval

The Commodity Futures Trading Commission asked a federal court to dismiss CME Group's lawsuit challenging the agency's approval of Kalshi's cryptocurrency perpetual futures, arguing CME has no standing to claim competitive injury since nothing prevents it from listing similar products.

Sep 3, 20265 sources

Aug 31, 2026

Hyperliquid in talks with Payward to bring perpetual futures to US traders

Hyperliquid Labs is in advanced discussions with Kraken parent Payward to route its perpetual futures through US-regulated Bitnomial, marking the decentralized exchange's first US market entry.

Aug 31, 20263 sources

Top claims

▪The U.S. Commodity Futures Trading Commission filed a motion on September 2, 2026, asking a federal judge to dismiss CME Group's lawsuit challenging the approval of cryptocurrency perpetual futures.
▪CME Group's lawsuit, filed on June 18, 2026, argues that cryptocurrency contracts without an expiration date or delivery obligation that exchange funding payments are legally swaps rather than futures.
▪The Commodity Futures Trading Commission issued an order on May 29, 2026, approving Kalshi's BTCPERP contract as a cash-settled futures contract tracking Bitcoin's spot price with no expiration date.

Subtopics

Bitcoin Crypto regulation Crypto exchange regulation Crypto enforcement actions Crypto derivatives DeFi Crypto exchanges Decentralized exchange (DEX)

Related timelines