Coinbase, a leading digital currency exchange, has received regulatory approval from the National Futures Association (NFA) to introduce crypto futures trading in the United States. This comes after a two-year application process and positions Coinbase as a Futures Commission Merchant (FCM). While the service is not immediately accessible, interested individuals can sign up for an early access queue. Coinbase aims to provide American customers with both regulated crypto futures and spot cryptocurrency trading. The company’s commitment to regulatory compliance is evident in its pursuit of FCM authorization and its emphasis on maintaining a secure platform. This development is significant for US investors as it offers access to secure and regulated crypto futures, enabling broader participation in the crypto economy. Despite an ongoing legal battle with the US Securities and Exchange Commission (SEC), Coinbase continues to push forward with initiatives that could reshape how users engage with cryptocurrencies.
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Information |
Details |
Geography |
North America |
Countries |
🇺🇸 |
Sentiment |
positive |
Relevance Score |
1 |
People |
Andrew Sears, Greg Tusar |
Companies |
Commodity Futures Trading Commission (CFTC), Futures Commission Merchant (FCM), U.S. Securities and Exchange Commission (SEC), Coinbase, National Futures Association (NFA) |
Currencies |
None |
Securities |
None |