Coinbase, Kalshi, and Payward support the CFTC in lawsuit over single-stock perpetual futures

• Coinbase, Kalshi, and Payward have filed a request to submit an amicus brief defending the CFTC’s authority to regulate U.S. single-stock perpetual futures.
• The move supports the CFTC’s position on regulating this new type of derivative product.
• The case highlights cooperation between crypto companies and regulators in shaping the legal framework for crypto derivatives markets.
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Source: The Block