Coinbase and Kalshi join six-firm brief backing CFTC on US stock perpetual futures
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Coinbase, Kalshi and four other companies asked a federal court Monday to file an amicus brief supporting the CFTC in a lawsuit over perpetual futures tied to individual US stocks. The group includes Payward, DRW Holdings, Jump Trading and Paradigm Operations. A judge recently found the CFTC likely exceeded its authority; the Capital Markets Alliance Association, with members including Cboe and Citadel Securities, sued the CFTC last week. On Nov. 3 the CFTC said stock perps could trade on US-regulated exchanges for the first time.
Continue in the app — vote & join in ➔Source: Cointelegraph · via ahirlevel.hu