It’s highly unusual for the largest derivatives exchange operator in the U.S., the CME Group, to be at war with its regulator, the Commodity Futures Trading Commission (CFTC) — but that's now happening in a situation brought about by the agency's decision to allow blockchain-based perpetual future products. Last month, the CME sued the CFTC and its chairman, Mike Selig, challenging his decision to let the prediction markets platform Kalshi and cryptocurrency exchange Coinbase (COIN)…
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