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Coinbase and Five Firms File Support for CFTC in Stock Perpetuals Lawsuit
(3 hours ago) · 1 source · Summarized by CryptoBipto
Coinbase and five other firms have backed the CFTC in a lawsuit related to stock perpetual contracts. The case involves the regulatory treatment of perpetual futures contracts tied to stock prices, a product that has grown in popularity in crypto markets.
WHY IT MATTERS
In the United States, two main agencies oversee financial markets: the SEC (which handles stocks and securities) and the CFTC (which handles commodities and derivatives like futures contracts).
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SOURCES
- thedefiant.io
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CFTC RegulationPerpetual FuturesCoinbaseDerivativesRegulatory Jurisdiction
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