Crypto is now teamed up with U.S. government in two legal battles over perps
Headline from CoinDesk
Key points
- Cryptocurrency firms have recently joined forces with the U.S.
- Commodity Futures Trading Commission in two separate legal battles.
- Both the industry players and the regulatory agency share the same legal position regarding derivatives contracts, jointly maintaining that perpetual futures products should not be classified as traditional swaps under existing financial regulations.
Summarized automatically by Kryptokite from reporting by CoinDesk. Read the original sources for full detail.
Sources
- CoinDeskCrypto is now teamed up with U.S. government in two legal battles over perps · 52 minutes agoRead on CoinDesk
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