Coinbase and Kalshi defend the CFTC in U.S. stock futures lawsuit

- Coinbase, Kalshi, and four other companies have officially joined the CFTC in a legal case.
- The issue under debate: Are U.S. exchanges allowed to list perpetual futures contracts based on individual stocks?
- Coinbase and Kalshi's involvement signals strong support from major crypto players for expanding the derivatives market.

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Source: CoinTelegraph