CRYPTO
CME's Duffy warns an overlooked tax risk looms over U.S. perpetual futures
CoinDeskThursday, July 30, 2026 at 2:33 PM
RedScroll Brief
CME CEO Terry Duffy said a court battle over whether perpetual futures are swaps or futures could eventually affect how the IRS taxes the contracts. Independent legal experts say the issue remains unresolved.
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RedScroll Briefing
Extractive editorial brief — not a reprint of the original
What happened
CME CEO Terry Duffy said a court battle over whether perpetual futures are swaps or futures could eventually affect how the IRS taxes the contracts. Independent legal experts say the issue remains unresolved.
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk.
Background
CoinDesk reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.
Timeline
CoinDesk published: CME's Duffy warns an overlooked tax risk looms over U.S. perpetual futures
Story is in today’s RedScroll edition. Follow the original source for updates.
Economic impact
Watch liquidity and volatility around Duffy and Warns — crypto markets reprice narrative risk quickly.
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Source
CoinDesk
Original reporting by CoinDesk. RedScroll provides an extractive briefing only.