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📰 Crypto Firms Side With the CFTC as Stock Perpetuals Face a Court Challenge
A new legal fight over perpetual futures tied to individual US stocks has pulled some of crypto’s biggest names into an unusual position: standing alongside their regulator against parts of traditional finance. Coinbase, Kalshi and Kraken’s parent company, Payward, have asked a federal court in New York for permission to file a supporting brief. Trading firms DRW Holdings and Jump Trading and the venture investor Paradigm joined the request, filed on Monday. The brief defends the Commodity Futures Trading Commission’s authority to approve single-stock perpetuals, the products at the centre of a lawsuit brought by the Capital Markets Alliance. That
Source : Crypto Intelligence News
Time : 2026-11-11 18:45:24
Credit : helena gamston
#crypto_intelligence #bitcoin #crypto_news_today

Share your opinion in the comment section below

📰 Crypto Firms Side With the CFTC as Stock Perpetuals Face a Court Challenge
A new legal fight over perpetual futures tied to individual US stocks has pulled some of crypto’s biggest names into an unusual position: standing alongside their regulator against parts of traditional finance. Coinbase, Kalshi and Kraken’s parent company, Payward, have asked a federal court in New York for permission to file a supporting brief. Trading firms DRW Holdings and Jump Trading and the venture investor Paradigm joined the request, filed on Monday. The brief defends the Commodity Futures Trading Commission’s authority to approve single-stock perpetuals, the products at the centre of a lawsuit brought by the Capital Markets Alliance. That
Source : Crypto Intelligence News
Time : 2026-11-11 18:45:24
Credit : helena gamston
#crypto_intelligence #bitcoin #crypto_news_today

Share your opinion in the comment section below