<ul><li>Coinbase increases its market share using a futures trading feature for non-U.S. users.</li><li>Coinbase to lead in global trading volume due to global regulatory pressure on Binance.</li><li>SEC to approve spot ETF without requiring a Surveillance Sharing Agreement (SSA) due to most trading volume coming from the U.S.</li></ul>Coinbase has been able to absorb the market share with a futures trading feature for non-U.S. users, now leading the global trading volume, amidst recent developments in the sector. Bringing up the fact that the majority of the trading volume is from the US, the SEC approved spot ETF without requiring a Surveillance Sharing Agreement (SSA). Ki Young Ju, CEO of the on-chain analytics company CryptoQuant shared an X post, providing insights on the matter.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/f6aa610d6a5f441d960e52c88394afbd.png" />The world’s largest cryptocurrency exchange, Binance, lost its market share to Coinbase due to the recent turmoil around it. The founder and CEO of Binance, Changpeng Zhao, pleaded guilty to violating the Bank Secrecy Act, an act that requires financial institutions to enforce certain measures that can prevent money laundering. Zhao agreed on a historic <a href="https://cryptotale.org/binance-ceo-changpeng-zhao-resigns-amidst-historic-4-3-billion-sec-settlement/" rel="noopener noreferrer nofollow">settlement</a> deal of $4.3 billion and a personal payout of $50 million.Read full article at <a href="https://cryptotale.org/global-regulatory-pressure-on-binance-coinbase-to-increase-in-market-share/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Global Regulatory Pressure on Binance: Coinbase To Increase in Market Share

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