{"id":51500,"date":"2026-09-03T19:19:39","date_gmt":"2026-09-03T19:19:39","guid":{"rendered":"https:\/\/cp.snarskis.lt\/index.php\/2026\/09\/03\/cftc-praso-atmesti-cme-ieskini-del-kripto-amzinuju-ateities-sandoriu-esa-zala-neirodyta\/"},"modified":"2026-09-03T19:19:39","modified_gmt":"2026-09-03T19:19:39","slug":"cftc-praso-atmesti-cme-ieskini-del-kripto-amzinuju-ateities-sandoriu-esa-zala-neirodyta","status":"publish","type":"post","link":"https:\/\/cp.snarskis.lt\/index.php\/2026\/09\/03\/cftc-praso-atmesti-cme-ieskini-del-kripto-amzinuju-ateities-sandoriu-esa-zala-neirodyta\/","title":{"rendered":"CFTC pra\u0161o atmesti CME ie\u0161kin\u012f d\u0117l kripto \u201eam\u017ein\u0173j\u0173\u201c ateities sandori\u0173: es\u0105 \u017eala ne\u012frodyta"},"content":{"rendered":"

JAV \u017daliav\u0173 ateities sandori\u0173 komisija (CFTC) papra\u0161\u0117 federalinio teismo Va\u0161ingtone atmesti CME Group ie\u0161kin\u012f, kuriuo bir\u017ea gin\u010dija reguliuotojo sprendim\u0105 d\u0117l kriptovaliut\u0173 \u201eam\u017ein\u0173j\u0173\u201c ateities sandori\u0173.<\/p>\n

Tre\u010diadien\u012f pateiktame pra\u0161yme CFTC teig\u0117, kad CME nepagrind\u0117 nei realios konkurencin\u0117s \u017ealos, nei teisinio pagrindo bylai nagrin\u0117ti, o pats gin\u010das es\u0105 yra perd\u0117tas ir neturintis praktin\u0117s reik\u0161m\u0117s.<\/p>\n

Kas suk\u0117l\u0117 gin\u010d\u0105?<\/h2>\n

Byla kilo po to, kai CFTC gegu\u017e\u0117s 29 dien\u0105 patvirtino \u201eKalshi\u201c bitkoino \u201eam\u017ein\u0173j\u0173\u201c ateities sandori\u0173 kontrakt\u0105 ir nurod\u0117, kad pana\u0161ius produktus gali listinguoti ir kitos licencijuotos bir\u017eos, priskiriamos designated contract markets kategorijai.<\/p>\n

CME savo ie\u0161kinyje ai\u0161kino, kad tokio tipo produktai tur\u0117t\u0173 b\u016bti traktuojami kaip apsikeitimo sandoriai, o ne kaip ateities sandoriai, tod\u0117l jiems tur\u0117t\u0173 galioti kitoks reguliavimas pagal Commodity Exchange Act ir Dodd-Frank reform\u0173 paket\u0105.<\/p>\n

CFTC argumentai: CME gal\u0117t\u0173 si\u016blyti t\u0105 pat\u012f<\/h2>\n

Reguliuotojas teismui nurod\u0117, kad CME kalbama konkurencin\u0117 \u017eala yra spekuliatyvi, nes bir\u017ea pati gali listinguoti analogi\u0161kus \u201eam\u017einuosius\u201c ateities sandorius, jei tik mano, kad tokio produkto reikia rinkai.<\/p>\n

CFTC taip pat pa\u017eym\u0117jo, kad pati CME vie\u0161ai yra sakiusi, jog jos klientai aktyviai nepra\u0161o toki\u0173 kontrakt\u0173, o tai, komisijos vertinimu, silpnina argument\u0105 apie skubi\u0105 ir nei\u0161vengiam\u0105 \u017eal\u0105.<\/p>\n

\u201eNet jei CME migloti teiginiai apie konkurencin\u0119 \u017eal\u0105 tur\u0117t\u0173 nors kiek turinio, ta \u017eala yra pa\u010di\u0173 susikurta, nes CME atsisako listinguoti \u201eam\u017einuosius\u201c ateities sandorius\u201c, \u2013 teigiama CFTC pateiktame dokumente.<\/p>\n

Volume duomenys ir tolesn\u0117 eiga<\/h2>\n

Komisija r\u0117m\u0117si ir CME pateiktais apyvart\u0173 skai\u010diais, kurie, kaip teigiama teismo dokumentuose, rodo, kad su bitkoinu ir eteriu susijusi\u0173 ateities sandori\u0173 apimtys po gegu\u017e\u0117s 29 dienos sprendimo nema\u017e\u0117jo, o kai kuriais m\u0117nesiais buvo didesn\u0117s.<\/p>\n

Be to, CFTC argumentuoja, kad net jei teismas pritart\u0173 id\u0117jai \u201eam\u017einuosius\u201c kontraktus priskirti apsikeitimo sandoriams, tai neb\u016btinai pa\u0161alint\u0173 tariam\u0105 \u017eal\u0105, nes tie patys rinkos dalyviai gal\u0117t\u0173 si\u016blyti produkt\u0105 tiesiog kitoje teisin\u0117je kategorijoje.<\/p>\n

CFTC taip pat primin\u0117, kad Kongreso sukurta i\u0161vestini\u0173 finansini\u0173 priemoni\u0173 prie\u017ei\u016bros sistema remiasi savireguliacija, rinkos vientisumu ir atsakingomis inovacijomis, tod\u0117l bandymas teismu riboti nauj\u0173 produkt\u0173 atsiradim\u0105, komisijos teigimu, prie\u0161tarauja \u0161iai logikai.<\/p>\n

Reguliuotojas papra\u0161\u0117 \u017eodinio pos\u0117d\u017eio, o CME atsakymas \u012f pra\u0161ym\u0105 atmesti ie\u0161kin\u012f teismui tur\u0117t\u0173 b\u016bti pateiktas iki spalio 2 dienos.<\/p>\n","protected":false},"excerpt":{"rendered":"

CFTC pra\u0161o teismo atmesti CME ie\u0161kin\u012f d\u0117l kripto \u201eam\u017ein\u0173j\u0173\u201c ateities sandori\u0173, teigdama, kad konkurencin\u0117 \u017eala ne\u012frodyta, o gin\u010das perd\u0117tas.<\/p>\n","protected":false},"author":0,"featured_media":51501,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[94],"tags":[115,145,2283,16361,6180,2279,114],"miestas":[],"class_list":["post-51500","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finansai","tag-bitcoin","tag-bitkoinas","tag-cftc","tag-cme-group","tag-isvestines-finansines-priemones","tag-kalshi","tag-kriptovaliutos"],"acf":[],"_links":{"self":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/posts\/51500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/comments?post=51500"}],"version-history":[{"count":0,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/posts\/51500\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/media\/51501"}],"wp:attachment":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/media?parent=51500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/categories?post=51500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/tags?post=51500"},{"taxonomy":"miestas","embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/miestas?post=51500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}