Crypto firms and U.S. regulators align in two cases on perpetual futures classification

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Crypto companies have twice taken the same side as the U.S. Commodity Futures Trading Commission in legal disputes. In both instances, the parties argued that perpetual futures contracts are not swaps. The source article describes this as an unusual alignment between the industry and the federal agency. The available text does not provide further details on the specific cases, courts, or dates.

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