CFTC Motion Dismisses CME Lawsuit: Perpetual Contracts Extend to WTI Crude Oil
CobieWhale
The timestamps do not lie. At 03:00 UTC on September 2, 2024, the CFTC issued a motion requesting dismissal of the CME Group lawsuit. Perpetual futures contracts now eye WTI crude oil applications from Kalshi. This filing marks infrastructure pivots. The no-expiry mechanism, crypto-born, targets traditional energy. Not an L1 or L2 blockchain shift. The event exposes financial derivatives bridge. Volumes grow. Sentiment greedy. Regulatory path clear. Core insight follows.
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