CME Group’s Terry Duffy warns of tax risks for US perpetual futures
Covered by 3 sources · 3 articles
3 outlets - including Blockchainreporter, Coin-turk and Cryptobriefing - are covering this story. The battle over how to legally classify perpetual futures could soon spill into U.S. tax policy, creating new liabilities for traders and exchanges caught.
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CME’s Duffy Flags Tax Danger Zone for U.S. Perpetual Futures
The battle over how to legally classify perpetual futures could soon spill into U.S. tax policy, creating new liabilities for traders and exchanges caught.
CME chief warns US traders face tax risk on perpetual futures contracts
🚨 CME chief warns US traders may face significant tax risk on perpetual futures contracts. ⚡ Legal uncertainty stems from ongoing debate whether these products qualify as swaps or futures. 📊 IRS has not issued direct guidance for how gain…
CME Group’s Terry Duffy warns of tax risks for US perpetual futures
Unresolved tax classifications for US perpetual futures could deter institutional participation, impacting market dynamics and regulatory trust.