Crypto:
29757
Bitcoin:
$67.284
% 0.18
BTC Dominance:
%54.3
% 0.12
Market Cap:
$2.43 T
% 0.29
Fear & Greed:
73 / 100
Bitcoin:
$ 67.284
BTC Dominance:
% 54.3
Market Cap:
$2.43 T

Coinbase Launches Ongoing Futures!

Coinbase Launches Ongoing Futures!

Coinbase Launches Ongoing Futures! Coinbase has announced that it has received approval to launch its ongoing futures trading services for retail customers outside of the US. So, this decision came after Coinbase’s success in corporate futures trades and the company gained authority to serve retail customers outside the US from the Bermuda Monetary Authority (BMA).

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The exchange, which will serve through the Coinbase International Exchange arm, executed over $5.5 billion in futures trading volume from corporate customers in the second quarter of this year. Additionally, Coinbase’s international expansion strategy focuses on 24 countries, including Hong Kong, Switzerland, the United Arab Emirates, Singapore, and G20 members, based on this success.

Also, as it expands its ongoing futures trades, Coinbase adopts the “Go Broad, Go Deep” strategy and emphasizes its commitment to working with global regulators to create a crypto regulation framework that allows for the continuous innovation of crypto technology.

Pointing out that a large part of crypto trading volume comes from derivative market activities so Coinbase takes steps to strengthen its leadership in this area and serve more users worldwide.

Coinbase’s international strategy aims to cooperate with important financial centers worldwide and shape crypto regulations.


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