The Hyperliquid Policy Center, an affiliate of the decentralized exchange Hyperliquid (HYPE), submitted an amicus brief on the 9th in the case between CME (Chicago Mercantile Exchange) and the U.S. Commodity Futures Trading Commission (CFTC). The brief supports the CFTC.
In mid-June, CME filed a lawsuit challenging the CFTC's approval of Kalshi's Bitcoin (BTC) perpetual futures, known as "BTCPERP," as a futures product...