Coinbase Secures US Approval for Global Crypto Perpetual Futures Trading
Coinbase just snagged a massive regulatory win, getting the green light to offer global crypto perpetual futures to US traders. This opens up a huge chunk of the derivatives market previously locked out, potentially reshaping liquidity flows.
Brian Armstrong's Coinbase has finally cracked the code, securing CFTC approval to offer global crypto perpetual futures and options to US customers. This isn't just a small tweak; it's a seismic shift, granting access to products that represent roughly 80% of global crypto trading volume. The move leverages Coinbase's acquisition of Deribit and positions them as the first US-regulated firm to bridge this gap.