Paul Atkins

Mike

Chair

Brian

<ul>
 <li>Coinbase became the first U.S. exchange approved to provide regulated access to global crypto perpetual futures liquidity.</li>
 <li>The approval allows U.S. traders to access perpetual futures through regulated channels connected to Deribit’s liquidity.</li>
 <li>Coinbase plans to launch its own U.S. perpetual-style futures product on July 21, expanding domestic derivatives offerings.</li>
</ul>
<p>Coinbase has received approval to offer access to global crypto perpetual futures for U.S. users, a change in the domestic crypto derivatives market. According to Coinbase CEO Brian Armstrong, the <a href="https://x.com/brian_armstrong/status/2064804308118381041?s=20" rel="noopener noreferrer nofollow">approval</a> followed years of engagement with policymakers and regulators in Washington. The development allows Coinbase to become the first U.S. exchange to connect American traders with global perpetual futures liquidity through a regulated framework.</p>
<h2 class="wp-block-heading" id="strong-years-of-offshore-trading-come-into-focus-strong"><strong>Years Of Offshore Trading Come Into Focus</strong></h2>
<p>Armstrong said crypto derivatives activity steadily moved offshore because U.S. rules did not permit perpetual futures products. Meanwhile, <a href="https://cryptofrontnews.com/kraken-launches-regulated-stock-based-perpetual-futures/" rel="noopener noreferrer nofollow">perpetual futures</a> became one of the most widely used instruments in global crypto trading.</p>
<p>According to Armstrong, many American traders continued accessing offshore platforms through VPNs and alternative workarounds. He stated that enforcement actions against those practices were uncommon despite existing restrictions.</p>
<p>As a result, Coinbase argued that companies following domestic regulations faced a different operating environment than offshore competitors. The company spent years pursuing approval for a regulated alternative within the United States.</p>
<h2 class="wp-block-heading" id="strong-approval-opens-access-to-global-liquidity-strong"><strong>Approval Opens Access To Global Liquidity</strong></h2>
<p>The approval follows clearance from the Commodity Futures Trading Commission, announced on May 29. According to <a href="https://cryptofrontnews.com/coinbase-unveils-stablecoin-payments-platform-for-firms/" rel="noopener noreferrer nofollow">Coinbase</a>, the authorization enables U.S. users to access global perpetual futures liquidity through regulated channels.</p>
<p>Unlike traditional futures contracts, perpetual futures do not have expiration dates. Instead, funding mechanisms help keep contract prices aligned with underlying assets.</p>
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<p>Coinbase said the newly approved structure will connect U.S. traders to global liquidity pools through Deribit, the derivatives exchange it acquired earlier this year for $2.9 billion.</p>
<h2 class="wp-block-heading" id="strong-coinbase-details-next-steps-strong"><strong>Coinbase Details Next Steps</strong></h2>
<p>According to Coinbase, perpetual futures generated $61.7 trillion in trading volume during 2025. The company noted that the product accounted for most activity across crypto derivatives markets.</p>
<p>Armstrong said connecting U.S. and international liquidity could reduce market fragmentation that developed over several years. He added that American traders can now access the product through a compliant U.S.-based platform.</p>
<p>The company also plans to launch its own U.S. Perpetual-Style Futures product on July 21. Additionally, Armstrong credited CFTC Chair <a href="https://cryptofrontnews.com/cftc-and-sec-push-joint-rules-to-lock-crypto-oversight-says-mike-selig/" rel="noopener noreferrer nofollow">Mike Selig</a> and SEC Chair Paul Atkins for supporting regulatory changes that enabled the approval process.</p>
<p>Coinbase said it will continue working with regulators as it expands access to crypto trading products within the United States.</p>
<p>The post <a href="https://cryptofrontnews.com/coinbase-wins-approval-for-global-crypto-perps-in-u-s/" rel="noopener noreferrer nofollow">Coinbase Wins Approval For Global Crypto Perps In U.S.</a> appears on <a href="https://cryptofrontnews.com" rel="noopener noreferrer nofollow">Crypto Front News</a>. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.</p>

Coinbase Wins Approval For Global Crypto Perps In U.S.

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