Skip to main content
CadNews - Comparative News Analysis
Topics
Sign in
Back to brief
Archived story · published November 10, 2026. Coverage reflects reporting at the time. See today's brief

Crypto · November 10, 2026

Coinbase, Kalshi and Payward backs CFTC in lawsuit over single-stock perp futures

3 sources →

FreeGet stories like this compared, every morning at 7.

Coinbase, Kalshi, and Payward (Kraken) have moved to file an amicus brief supporting the Commodity Futures Trading Commission (CFTC) in a legal dispute regarding the regulation of single-stock perpetual futures. The crypto-focused firms are intervening in a lawsuit that contests whether these financial products should fall under the jurisdiction of the CFTC or the Securities and Exchange Commission (SEC). The Capital Markets Alliance has argued that such products are within the SEC's purview, while the backing firms support the CFTC's authority to regulate them on U.S. exchanges.

Read the original coverage

Hype check

How the hype check works

Confirmed · 1

Backed by filings, on-chain data, official statements or several independent publishers.

  • Coinbase, Kalshi, and Payward filed to support the CFTC (The Block, CoinDesk, Cointelegraph)

Claimed · 1

Said by a company, project or person; not yet independently confirmed.

  • The products fall under the Securities and Exchange Commission’s jurisdiction (Capital Markets Alliance)

Speculation · 0

Price talk, forecasts or unnamed sources, quoted as someone else's view.

  • None identified.

Reported by multiple outlets

  • Coinbase, Kalshi, and Payward (parent company of Kraken) are seeking to file an amicus brief in support of the CFTC.
  • The lawsuit concerns whether U.S. exchanges can list perpetual futures tied to individual stocks.
  • The Capital Markets Alliance argues that single-stock perpetual futures fall under the SEC's jurisdiction.

Reported by only some outlets

  • Cointelegraph mentions that four other companies joined Coinbase and Kalshi in backing the CFTC.
  • CoinDesk identifies the parent company of Kraken as Payward.

FreeDaily Brief newsletter

Get the 5-minute Daily Brief, with the topics you pick.

The Daily Brief is free

About these outlets

CadNews does not determine absolute truth or endorse political viewpoints. It compares publicly available reporting, identifies shared facts, highlights framing differences, and flags uncertainty.