Regulation · US

Crypto Firms Back CFTC in Perpetual Futures Lawsuit

· Source: The Block

Coinbase, Kalshi, and Payward have sought to file an amicus brief supporting the CFTC's regulatory authority.

Several major cryptocurrency and financial firms, including Coinbase, Kalshi, and Payward, have moved for leave to file an amicus brief in a legal dispute. The companies are stepping in to defend the Commodity Futures Trading Commission and its regulatory oversight regarding single-stock perpetual futures within the United States.

Original report: The Block ↗

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