CFTC defends bitcoin perp approval; Mastercard launches stablecoin risk tool

Briefing by News4U · First published

CFTC told court CME lacks standing to challenge its May bitcoin perpetual futures approval, while Mastercard unveiled a stablecoin risk screening service for banks.

The CFTC filed a brief arguing CME has no legal standing to challenge its May approval of bitcoin perpetual futures, citing no plausible financial injury and rising CME crypto volumes since the decision. [1]

Mastercard launched Stablecoin Security, combining payment data and blockchain analytics to help banks flag suspicious stablecoin transactions before settlement, with initial partners Borderless.xyz and Keyrails. [2]

Sources

  1. U.S. CFTC rebuffs CME legal stance in consequential fight over perpetual futures

    CoinDesk · · Full text

  2. Mastercard launches stablecoin risk screening for banks and payment providers

    Cointelegraph · · Full text

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