Coinbase obtains approval to offer crypto futures trading to eligible users

Coinbase Financial Markets, Inc. has secured regulatory approval from the National Futures Association, a CFTC-designated self-regulatory organization, to operate a Futures Commission Merchant and offer eligible US customers access to crypto futures from its platforms, the company announced on Wednesday. “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 will now be the first crypto-native leader to directly offer traditional spot crypto trading alongside regulated and leveraged crypto futures, on an integrated trading solution for our verified customers.”