Chicago Mercantile Exchange (CME) has officially announced it will not be launching any derivatives products linked to meme coins. This decision emphasizes CME's strategic focus on cryptocurrencies with practical applications and established use cases. Joe Vicioso, CME's Head of Cryptocurrency Products, clarified the exchange's stance. "We are launching cryptocurrency-related products that have use cases," he stated. "Therefore, we will not be launching investment products in the meme coin space, which lacks such functionality." This announcement signals CME's commitment to providing regulated and reliable cryptocurrency investment options, steering clear of the speculative nature often associated with meme coins like Dogecoin and Shiba Inu. The exchange continues to explore and develop derivative products based on more established and utility-driven cryptocurrencies. ```