판사, 주식 영구 선물 거래 허용하지만 CFTC 권한 월권 가능성 시사

A federal judge has ruled against halting the trading of stock perpetual futures on cryptocurrency derivatives platforms, including Kalshi and Coinbase Derivatives. The court found that the Commodity Futures Trading Commission (CFTC) likely overstepped its regulatory authority in its attempt to ban these instruments. This decision allows these perpetual futures contracts, which allow speculation on the future price of stocks, to continue trading for the time being. However, the ruling suggests that the CFTC's approach may have been procedurally flawed, rather than a definitive endorsement of the products themselves. The case highlights ongoing jurisdictional and regulatory debates surrounding novel financial products offered by crypto exchanges. Further legal or regulatory action may still be forthcoming.