According to Wu Blockchain, the U.S. Commodity Futures Trading Commission (CFTC) and its chairman Michael S. Selig filed a motion on September 2 with the U.S. District Court for the District of Columbia to dismiss the lawsuit brought by the Chicago Mercantile Exchange (CME) against the CFTC's approval of Kalshi's Bitcoin perpetual contracts. CME previously argued that the product should be classified as a swap rather than a futures contract and sought to overturn the CFTC's decision. https://(wublock123.com)/news/cftc-moves-to-dismiss-cme-suit-over-kalshi-bitcoin-perpetuals-67980