CFTC gets into legal clash over stock perps after having cleared path for crypto version

Crypto Insight Summary: A group backed by Citadel Securities and other firms sued the U.S. derivatives regulator for opening a path for perps that it argued belong in the SEC's hands. Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Mid-term (1-8 weeks) Reasoning: Regulatory litigation may delay crypto-perpetual rules, but it lacks an immediate market-wide impact.