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CME CEO Duffy Warns Overlooked Tax Risk Threatens US Perpetual Futures Market

CME CEO Duffy Warns Overlooked Tax Risk Threatens US Perpetual Futures Market
Terry Duffy, CEO of CME Group, has issued a warning about a significant but often overlooked tax risk that could impact the U.S. perpetual futures market. According to Duffy, current tax regulations may create unintended consequences for traders and exchanges, potentially stifling innovation and liquidity in the crypto derivatives space. The warning highlights the need for clearer tax guidelines to avoid market disruption, especially as perpetual futures gain popularity among institutional investors. This development could affect major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), which are commonly traded in perpetual futures contracts.
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