Coinbase announced that Coinbase Financial Markets, Inc. has secured regulatory approval from the National Futures Association (NFA), a CFTC-designated self-regulatory organization, to operate a Futures Commission Merchant (FCM) and offer futures contracts in $BTC and $ETH to eligible customers in the US.
Coinbase said that the approval is "a critical milestone", which makes it "the first crypto-native leader to directly offer traditional spot crypto trading alongside regulated and leveraged crypto futures".
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