Ondo says US rules already allow stock perps

Crypto Insight Summary: In a comment letter dated August 24, Ondo Finance has informed the SEC and CFTC that new regulations are not required to allow trade in perpetual contracts based on US stocks. The letter argues that the current framework of security futures accommodates the product. The document attempts to turn a matter of definition into a... Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Regulatory clarification on stock perps may boost institutional interest but has limited immediate market impact.