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Coinbase, Kalshi and Payward File Support for CFTC in Single-Stock Perpetual Futures Lawsuit

(4 hours ago) · 1 source · Summarized by CryptoBipto

Coinbase, Kalshi, and Payward have backed the CFTC in a legal dispute over single-stock perpetual futures contracts. The companies have filed supporting briefs or statements siding with the CFTC's position in the case. The lawsuit centers on whether single-stock perpetual futures fall under the CFTC's regulatory jurisdiction.

WHY IT MATTERS

This story is about a legal fight over who gets to regulate a specific type of financial product.

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SOURCES

  • theblock.co

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