Cboe-Backed Group Sues CFTC Over Single-Stock Perps Approvals
A Cboe-backed group has sued the CFTC over its approvals of single-stock perpetual contracts from Coinbase, Kalshi and Bitnomial. The complaint argues these contracts should be treated as security futures and seeks emergency relief to stop them being listed. The outcome could shape whether US exchanges can offer tokenized-stock style derivatives to traders.
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