Scott Melker: Coinbase, Kalshi, Kraken parent, DRW, Jump Trading and Paradigm seek to support CFTC authority

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35 min ago

Scott Melker: Coinbase, Kalshi, Kraken parent, DRW, Jump Trading and Paradigm seek to support CFTC authority — Firms move to support CFTC authority

Coinbase, Kalshi, Kraken parent Payward, DRW, Jump Trading and Paradigm have asked a court to allow them to file a brief supporting the Commodity Futures Trading Commission's authority to regulate single-stock perpetual futures.

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Scott Melker has previously noted delays in major blockchain updates, including when validator support for the XRP Ledger’s lending code fix slipped, pushing back its rollout to November 4 here. He also recently reported on Aviva Investors launching a tokenized share class for its £22 billion sterling fund using the XRP Ledger here. These developments reflect ongoing tracking of regulatory and infrastructure changes in digital asset markets.

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