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CME Group has made it clear that it will not launch a meme coin derivative and is considering 24/7 crypto trading
PANews news on July 17 reported that the world's largest derivatives exchange, CME Group, stated that there are currently no plans to launch derivatives related to memecoins due to a lack of practical application scenarios. Recently, CME has expanded into Solana and XRP futures, attracting a large number of institutional investors, with related product volume reaching billions of dollars. Additionally, CME is exploring whether to extend trading hours to 24/7 to better align with the crypto market, but no formal decision has been made yet.