Wu Blockchain has learned that Coinbase Chief Policy Officer Faryar Shirzad stated that Coinbase has submitted a joint response to the CFTC and SEC's request for comments. The response suggests regulating stock perpetual contracts as security futures and establishing an alternative compliance framework to reduce friction caused by similar economic products being registered separately with both agencies and subjected to overlapping regulations. Coinbase also proposed allowing exchanges regulated by either the SEC or CFTC to list event contracts related to securities. Shirzad mentioned that the CFTC has already classified perpetual derivatives based on digital asset commodities as futures, and a similar structural analysis could be applied to stock-based underlying assets. Coinbase believes that clarifying the regulatory boundaries between the two agencies will help bring related products currently traded in overseas markets into the U.S. regulated market. https://(wublock123.com)/news/coinbase-recommends-3-proposals-sec-cftc-stock-perpetuals-prediction-markets-67198