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Sources: Kalshi plans to seek US regulatory approval to start offering single-stock perpetual futures; Coinbase filed similar regulatory paperwork last week (Wall Street Journal)

Platform known for prediction markets has seen perpetual futures surge in popularity — A risky type of trade that has exploded …

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

Read the original at wsj.com →

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Forex reserves surge to USD23.72bn

KARACHI: The country’s total liquid foreign exchange reserves have increased by around USD 1.18 billion in a week following the arrival of commercial loan inflows from the Government of Pakistan.

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