Editor's PiCK

Coinbase to Expand Perpetual Futures Trading for U.S. Customers

Source
YM Lee

Summary

  • Coinbase announced that it is pursuing the expansion of perpetual futures trading for digital assets within the United States.
  • Coinbase stated that it plans to launch perpetual futures trading in the U.S. in compliance with CFTC regulatory standards.
  • It was noted that, amid rising expectations for regulatory easing and a vibrant market, more exchanges are attempting to expand their product offerings.

Global cryptocurrency exchange Coinbase is reportedly pushing to expand perpetual futures trading within the United States.

According to a Reuters report on the 13th (local time), Coinbase plans to launch perpetual futures trading in the U.S. in accordance with regulatory standards set by the Commodity Futures Trading Commission (CFTC).

With growing expectations for regulatory easing, the cryptocurrency market is gaining momentum, leading to more exchanges trying to expand their product lines. Max Branzburg, Vice President of Product at Coinbase, said at the Crypto Status Summit held in New York, "I am very pleased to share that perpetual futures trading compliant with CFTC regulations will soon begin in the U.S."

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YM Lee

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