Coinbase, Kalshi and Other Firms Back CFTC in Fight Over Stock Perpetuals
Headline from NewsBTC
Key points
- Major industry firms including Coinbase and Kalshi have filed a proposed amicus brief supporting the CFTC in an ongoing legal battle over single-stock perpetual futures.
- The coalition of six companies is backing the federal regulator's authority in the court case after a judge previously issued a denial related to the controversial trading products.
Summarized automatically by Kryptokite from reporting by NewsBTC. Read the original sources for full detail.
Sources
- NewsBTCCoinbase, Kalshi and Other Firms Back CFTC in Fight Over Stock Perpetuals · 55 minutes agoRead on NewsBTC
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