CME and ICE lobby Washington to police Hyperliquid over oil-perp manipulation risks
Bloomberg •
Revision history
4 recorded changes
Want your article here?
Promote with Leviathan NewsCME Group and ICE are pressing the CFTC and Capitol Hill to rein in Singapore-based Hyperliquid, arguing its anonymous trading environment could skew global oil prices and enable manipulation. The incumbents say insiders or sanctioned state actors could exploit offshore crypto-native oil markets outside the surveillance regime used on traditional energy exchanges. The real fight is whether 24/7 onchain perps are becoming serious commodity price-discovery venues, not just crypto side markets.
TLDR by @Benthic
More on CME Group
CME CEO Terry Duffy warns newly approved U.S. perpetual futures could become a "disaster waiting to happen," citing excessive leverage and rising retail speculation risks
The Block ·
CME’s shift to 24/7 bitcoin futures trading could erase the market’s famous weekend price gaps, tightening crypto’s integration with institutional finance
Coindesk ·
Interactive Brokers rolls out unified interface for prediction markets across Kalshi, CME Group, and ForecastEx
Interactivebrokers ·
CME targets June 8 for its first market-cap weighted Nasdaq CME crypto index futures across seven assets
Cmegroup ·
CME Group to launch cash-settled Bitcoin volatility futures on June 1, enabling traders to hedge or speculate on BTC price swings without directional exposure
The Block ·
Hashdex expands Nasdaq CME Crypto Index ETF $NCIQ to seven assets, adding $ADA and $LINK alongside $BTC, $ETH, $XRP, $SOL, and $XLM per SEC 10-K filing
𝕏/CoinDesk ·
CME CEO Terry Duffy warns newly approved U.S. perpetual futures could become a "disaster waiting to happen," citing excessive leverage and rising retail speculation risks
The Block ·
CME’s shift to 24/7 bitcoin futures trading could erase the market’s famous weekend price gaps, tightening crypto’s integration with institutional finance
Coindesk ·
Interactive Brokers rolls out unified interface for prediction markets across Kalshi, CME Group, and ForecastEx
Interactivebrokers ·
CME targets June 8 for its first market-cap weighted Nasdaq CME crypto index futures across seven assets
Cmegroup ·
CME Group to launch cash-settled Bitcoin volatility futures on June 1, enabling traders to hedge or speculate on BTC price swings without directional exposure
The Block ·
Hashdex expands Nasdaq CME Crypto Index ETF $NCIQ to seven assets, adding $ADA and $LINK alongside $BTC, $ETH, $XRP, $SOL, and $XLM per SEC 10-K filing
𝕏/CoinDesk ·