The Regulatory Gap: Why Equity Perpetuals Expose a $4 Trillion Jurisdictional Blind Spot
The block confirms what the eyes missed. The Blockchain Association’s recent call for the SEC and CFTC to coordinate on equity perpetuals is not a plea for innovation. It is a formal admission that the current US regulatory architecture is too slow, too fractured, and too outdated to handle a product that blends traditional finance with crypto-native mechanics. This is not about technology. It is about the location of dollar liquidity and who gets to set the price.