Urgent! Coinbase Finally Successfully Launches Regulated Crypto 'Futures Trading'

<p>&nbsp;Coinbase's CFTC-registered cryptocurrency exchange Coinbase Financial Markets has received regulatory approval from the US CFTC's National Futures Association to offer crypto futures trading to eligible customers in the United States. This is an important milestone for Coinbase and the crypto community in a lawsuit by the US SEC.</p><p><br /></p><p>Financial Markets obtained regulatory approval from the Futures Association to operate as a Futures Commission Merchant (FCM). This will allow Coinbase to directly offer crypto futures trading to its customers in the United States, according to an official blog post on August 16.</p><p><br /></p><p>"This is an important milestone that reaffirms our commitment to operate as a regulated business and comply with all regulations and customer protection requirements and to be the most trusted and secure crypto platform for our customers."</p><p><br /></p><p><br /></p><p>Coinbase has submitted an FCM registration application with the NFA in September 2021. This cryptocurrency exchange has been working with regulators to comply with all CFTC regulations and customer protection requirements. The company now plans to work with regulators to get approval for its products to advance economic freedom. Additionally, it supports building the most reliable and secure products and services.</p><p><br /></p><p>United States customers can now access regulated derivative products through Coinbase Financial Markets. Coinbase became the first exchange to offer regulated and leveraged traditional crypto trading and crypto futures trading.</p><p><br /></p><p>This will help increase crypto adoption in the United States, allowing people to access the crypto economy more securely. In addition, it helps keep the United States as a center of digital innovation.</p><p><br /></p><p>Last week, Coinbase expanded operations into Canada through a partnership with the Peoples Trust Company to provide access to Interac e-Transfers to users in the country. The exchange also plans to expand in the country as it is the second most crypto-sensitive country for Coinbase's international market.</p>

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