CFTC seeks dismissal of CME’s Kalshi Bitcoin futures suit. The regulator asks a Washington court to throw out the case.
CME challenged the May approval of Kalshi’s cash-settled Bitcoin perpetual futures. The exchange argued the contracts are swaps, not futures.
CFTC calls the lawsuit “much ado about nothing.” It says CME lacks standing because it can list similar products itself. Volume data shows CME’s own Bitcoin futures rose after the approval.
CME must respond by October 2. The dispute highlights ongoing tension over perpetual contract rules. Markets watch the next court steps.
Eight Chinese financial firms raise 360 billion yuan. Major state-owned banks and insurers announce capital plans over the weekend.
The total reaches 360 billion yuan, or about $54 billion. The Finance Ministry provides most of the funding through special treasury bonds. ICBC and Agricultural Bank of China lead the bank raises.
Policy lenders and four large insurers also receive injections. Officials say the move strengthens risk buffers and supports lending to the real economy.
The step comes as growth faces pressure from weak domestic demand. Markets watch how the fresh capital flows into credit. $BNB $TRX $ETH #eightchinesefinancialfirmsraise360byuan
IMF says El Salvador used no public funds for Bitcoin. The fund confirms the country has not spent taxpayer money on BTC since June 2025. Documentation shows recent accumulation came from private donations.
No further purchases beyond those donations are expected. The statement accompanies a staff-level agreement on El Salvador’s IMF program.
Approval could unlock about $140 million. Officials also note progress on transferring the Chivo wallet to private control.
The update clarifies how holdings continued to grow under the program conditions.