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Cboe-backed group sues US CFTC, seeking to block platforms like Coinbase from launching single-stock perpetual contracts
A coalition supported by Cboe has filed a lawsuit against the U.S. Commodity Futures Trading Commission (CFTC), seeking emergency relief to prevent single-stock perpetual contracts offered by platforms such as Coinbase, Kalshi, and Bitnomial from being classified as security futures.
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