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CME Challenge to Nasdaq Bitcoin Options Triggers SEC Jurisdictional Review
CryptocurrenciesBasic
Medium 8/10BitcoinCME Group

CME Challenge to Nasdaq Bitcoin Options Triggers SEC Jurisdictional Review

The Securities and Exchange Commission is set to review its previous approval of Nasdaq's Bitcoin options following a formal challenge from the CME Group. This regulatory friction highlights an ongoing jurisdictional battle over digital asset derivatives. The CME argues that because Bitcoin is classified as a commodity, any options tied directly to its value must fall under the regulatory authority of the Commodity Futures Trading Commission rather than the SEC.

Published 2 hours ago
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