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

The Capital Markets Alliance argues that the products fall under the Securities and Exchange Commission’s jurisdiction.

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Published in the last two hours. Multiple named entities are involved.

Coinbase, Kalshi, Kraken parent back CFTC in legal fight over stock perpetual futures
The Capital Markets Alliance argues that the products fall under the Securities and Exchange Commission’s jurisdiction.

Why this matters

Coinbase is showing up inside the Regulation theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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