Coinbase, Kalshi and Trading Giants Back CFTC on Single-Stock Perpetual Futures
Coinbase, Kalshi, Payward, DRW, Jump Trading and Paradigm filed to submit an amicus brief backing the CFTC's authority to regulate single-stock perpetual futures in the US, according to Cointelegraph. The joint move puts heavyweights from crypto and trading squarely behind the regulator in a fight over who polices these products.
- 2 sources report it: X account @Cointelegraph, theblock.co.
- The source published it on Nov 10, 2026 at 5:37 AM.
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Six firms moved together: Coinbase, Kalshi, Payward, DRW, Jump Trading and Paradigm filed to submit an amicus brief in support of the CFTC's authority to regulate single-stock perpetual futures in the United States, per Cointelegraph. The filing was made today and lands squarely on the side of the federal commodities regulator.
The brief argues the CFTC is the right body to oversee the products. Kalshi and Coinbase are among the signatories, alongside market makers and investors DRW, Jump Trading and Paradigm.
The amicus filing is a joint effort rather than a solo push, with the crypto exchange, the prediction market, the trading firms and the venture investor all backing the same regulatory position.
TopicsCoinbase · Kalshi · Payward · DRW · Jump Trading · Paradigm · CFTC
Written by Paparazzi with AI. Not financial advice.
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