CFTC, SEC request public comment to clarify definition of ‘swaps’ amid CME lawsuit

Crypto Insight Summary: CME Group sued the CFTC on Thursday over the agency's decision to classify perpetual futures as futures contracts rather than swaps. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Regulatory clarification may affect derivatives but unlikely to impact spot markets immediately.