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via finance.yahoo.comPolitics

Coinbase, Kalshi and Kraken back the CFTC in legal fight over stock perpetual futures

FROM THE WIRE · FINANCE.YAHOO.COM

Scott Melker outlines the latest update on the US Commodity Futures Trading Commission's(CFTC's) legal fight over perpetual futures, highlighting why Coinbase (COIN), Kalshi (KLSH.PVT), and Kraken (KRAK.PVT) are getting involved. Video Transcript 00:00 Speaker A putting uh…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe regulatory dispute over stock perpetual futures could affect product plans at listed crypto brokers such as Coinbase.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The CFTC said perpetual futures on stocks could be offered.
  2. 02A group backed by Citadel opposes that position.
  3. 03Coinbase, Kalshi and Kraken are involved in the case supporting the CFTC.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Coinbase Global, Inc.COINStock130.38 USD+0.45%today -4.20%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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