According to Wu, the U.S. digital asset industry trade association, Blockchain Association, has submitted a comment letter to the SEC and CFTC, urging the two agencies to strengthen coordination and provide a clear regulatory pathway for innovative products like stock perpetual contracts. The association stated that currently, stock perpetual contracts are primarily traded outside the U.S., resulting in a lack of price discovery and regulatory protection in the U.S. market. They suggested that the SEC and CFTC refer to the existing joint regulatory framework for securities futures and develop rules based on principles of technology neutrality and outcome orientation, focusing on market transparency, auditing, market monitoring, client asset protection, and operational stability. Blockchain Association believes that regulatory uncertainty is driving related liquidity, jobs, and innovation overseas. https://(wublock123.com)/news/news-67212