Coinbase Receives Approval For Regulated Crypto Futures Trading
Coinbase To Offer Regulated Crypto Futures Trading in the US Coinbase Financial Markets secured regulatory approval from the National Futures Association to operate as a Futures Commission Merchant (FCM). It will make Coinbase to directly offer crypto futures trading to its customers in the U.S., according to an official blog post on August 16. advertisement “This is a critical milestone that reaffirms our commitment to operate a regulated and compliant business and be the most trusted and secure crypto-native platform for our customers.” Coinbase filed an FCM registration application with the NFA in September 2021. The crypto exchange has worked with the regulators to comply with all CFTC’s regulations and customer protection requirements. The company plans to work with regulators to receive approvals for its products to advance economic freedom. Also, it supports building the most trusted and secure products and services. US customers ca...