Arthur Hayes praises Coinbase's support for perpetual stock futures
BitMEX co-founder Arthur Hayes expressed his satisfaction that Coinbase defended its offering of perpetual stock futures in the U.S. before the CFTC. The legal dispute, initiated by the Capital Markets Alliance, seeks to have these contracts classified as security-based swaps, which would entail greater restrictions. The SEC has also intervened, reviewing the applicable regulations, while a federal judge rejected a preliminary injunction against the contracts.
$BTC
#Coinbase #PerpetualFutures #CFTC
BitMEX co-founder Arthur Hayes expressed his satisfaction that Coinbase defended its offering of perpetual stock futures in the U.S. before the CFTC. The legal dispute, initiated by the Capital Markets Alliance, seeks to have these contracts classified as security-based swaps, which would entail greater restrictions. The SEC has also intervened, reviewing the applicable regulations, while a federal judge rejected a preliminary injunction against the contracts.
$BTC
#Coinbase #PerpetualFutures #CFTC
