Wall Street and regulators clash over rules for stock-linked perpetual futures
AI summary
A dispute over perpetual futures tied to individual stocks has drawn in crypto exchanges, established trading firms and two federal regulators. Three venues have received clearance to list these no-expiration contracts, setting up a fight over the rules governing them. Traders should watch how regulators resolve the framework, since it could shape whether stock-linked perpetuals become a mainstream crypto-adjacent product.
