Bitcoin

Coinbase has received a regulatory license to commence offering BTC and ETH derivatives contracts to eligible users of its customer base. 
On Wednesday, Coinbase took to X to announce receiving approval from a self-regulatory organization under the Commodity Futures Trading Commission (CFTC). In particular, the exchange received clearance from the National Futures Association (NFA). 
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 The National Futures Association, a CFTC designated SRO, has approved Coinbase Financial Markets. as a registered Futures Commission Merchant . 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6e1.png" alt="🛡" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/coinbase/status/1691751814004175204?ref_src=twsrc%5Etfw">August 16, 2023</a> 
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<h2 id="span-style-font-weight-400-coinbase-now-offers-btc-and-eth-futures-span">Coinbase Now Offers BTC and ETH Futures&nbsp; </h2>
According to the update, the clearance allows Coinbase to begin offering Bitcoin (BTC) and Ethereum (ETH) <a href="https://thecryptobasic.com/2022/11/29/futures-contracts-with-100x-leverage-coming-to-babydoge-dex/">futures contracts </a>, particularly to its users in the United States.&nbsp; 
Coinbase highlighted its belief that clear and transparent regulations are crucial to growing confidence in retail and institutional clients. The exchange stressed that securing this approval enables more US-based customers to participate in the booming crypto economy.&nbsp; 
Notably, Coinbase’s journey toward this license began two years ago. The exchange filed papers with the NFA to register as a Futures Commission Merchant (FCM). Throughout the period, Coinbase’s team collaborated with the US regulator to ensure avenues for customer protection were met. ...
<a href="https://thecryptobasic.com/2023/08/16/coinbase-receives-regulatory-approval-to-offer-btc-and-eth-futures-to-us-customers/">Read more</a>

Coinbase Receives Regulatory Approval to Offer BTC and ETH Futures to US Customers

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