CME Group filed a lawsuit against the Commodity Futures Trading Commission in June 2026, challenging the CFTC's approval of crypto perpetual futures contracts on the grounds that contracts with funding payments are swaps under Dodd-Frank

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.