The Commodity Futures Trading Commission argued that CME Group Chairman Terence Duffy told investors on a July 22, 2026 earnings call that CME Group clients had no demand for perpetual futures.

How governments worldwide set rules for digital assets through legislation, agency rulemaking, licensing regimes and court fights.

Futures, options, and perpetual swaps tied to digital-asset prices, letting traders hedge or lever positions and often dwarfing spot volumes.