U.S. CFTC sets agenda for AI forum, exploring trading and agentic finance

Skip to main contentCrypto NewsOct 19, 2026, 12:47 p.m. EDT2 min readCME Group hasn't shown it's being hurt by the new U. S. perpetual futures policies, the Commodity Futures Trading Commission contends. (CoinDesk)SummaryThe U. S. Commodity Futures Trading Commission is seeking to cast doubt on CME Group's legal challenge to its new perps policy. The CFTC filed a brief in court arguing that the derivatives giant hasn't shown it's being harmed by the government's new push into perpetual futures, and without harm, it doesn't have legal standing. The U. S. Commodity Futures Trading Commission threw open the doors for perpetual futures in the U. S. in May, approving the first bitcoin perp from Kalshi and suggesting that it was open for business on ensuring a domestic surge in such contracts. But the CME Group objected in court, and the CFTC has responded in court that the derivatives giant has no right to get in the way.

SummaryA federal judge rejected a joint request from Gemini and the Commodity Futures Trading Commission to overturn the crypto exchange’s $5 million settlement. The judge ruled that the CFTC’s changed position did not justify undoing the January 2025 agreement and rejected Gemini’s claim that regulators had coerced it into settling. A U. S. federal judge rejected an unusual joint request from crypto exchange Gemini and the Commodity Futures Trading Commission (CFTC) to overturn a $5 million settlement, even though the regulator said the case should not have been brought. Federal Judge Alvin Hellerstein ruled Thursday that the CFTC’s decision to reverse its position on the case was not enough to undo Gemini’s January 2025 settlement. He also rejected Gemini’s argument that it had been coerced into settling by regulators. Gemini, founded by Cameron and Tyler Winklevoss, has already paid the $5 million. The ruling also keeps the exchange under a court order prohibiting it from misleading the CFTC or publicly denying the settlement's findings. The decision is significant because it shows that a friendlier approach to crypto regulation in Washington D. C. is not retroactive.

A US federal judge has rejected a joint request by crypto exchange Gemini and the Commodity Futures Trading Commission (CFTC) to overturn a $5 million settlement, despite the regulator’s conclusion that it would not have pursued the case under current enforcement standards. On Thursday, US District Judge Alvin Hellerstein ruled that changes in CFTC enforcement priorities and allegations of misconduct by its enforcement division did not justify overturning the January 2025 settlement. On May 27, the CFTC and Gemini jointly asked the court to overturn the settlement after an internal agency review found alleged misconduct by the regulator’s enforcement division, including reliance on a questionable whistleblower, improper regulatory pressure and efforts to prevent the disclosure of evidence. The ruling leaves intact a permanent injunction barring Gemini from making false or misleading statements to the CFTC. The settlement also prohibits Gemini from publicly denying its findings, although the regulator said in June that it would no longer enforce such restrictions.

Some analysts question whether people will actually take advantage of Walmart’s new bundle, and how easy it is to make sense of the benefits.

Open this photo in gallery:Satellite antennas at the Telesat facility in Allan Park, Ont., in 2019. The company, which started out as a Crown corporation before becoming a private entity in the 90s, operates communications satellites. The Globe and MailLenders to Ottawa-based Telesat Corp. TSAT-T have proposed a new recapitalization plan ahead of a looming debt-repayment deadline that the satellite operator is at risk of missing. Telesat, which is building a constellation of low-Earth-orbit satellites dubbed Lightspeed, has approximately US$1.71-billion in debt coming due Dec. 6, with another US$438-million of debt maturing in 2027. The debt was issued by a subsidiary of the company called Telesat Canada and is tied to the company’s fleet of geostationary satellites, an older business division that is in decline. Telesat has said in financial filings that its cash flow is insufficient to meet all of its debt obligations. The lenders – including Silver Point Capital, GoldenTree Asset Management and Sound Point Capital Management – recently put forward a second proposal to the company, according to a source familiar with the situation.

Utah Attorney General Derek Brown announced a lawsuit against Kalshi, its affiliates and two Susquehanna trading companies, alleging that the prediction markets platform had been facilitating illegal betting in the US state since 2024. In a Tuesday press briefing, Brown said Utah officials had petitioned a court to compel the companies to return about $30 million to $60 million in profits they made through allegedly illegal event contracts. The Utah attorney general alleged that Kalshi illegally offered its services to more than 32,000 users in the state, resulting in significant losses. “Under Utah law, I have determined that this operation is causing a significant and substantial ongoing harm to a significant number of Utahns,” said Brown. “And so today, we are asking the court to stop sports, elections, politics, culture and mention bets here in Utah.” Kalshi sued Utah in February after lawmakers passed a bill on betting on prediction markets as gambling under state law. In August, a judge ruled in favor of Utah officials, saying federal laws under the US Commodity Futures Trading Commission (CFTC) do not preempt state gambling laws.