Coinbase, Kalshi and Kraken Parent Back CFTC in Legal Battle Over Stock Perpetual Futures
Key Highlights: Major digital asset and trading firms—including Coinbase, Kalshi, Kraken parent Payward, DRW Holdings, Jump Trading, and Paradigm—have filed a letter backing the CFTC in federal court. The coalition supports the CFTC against a lawsuit filed by the Capital Markets Alliance (CMA), a group representing traditional finance heavyweights such as Citadel Securities and Cboe. ...
