Coinbase has received approval from the National Futures Association (NFA) to offer cryptocurrency futures to eligible customers in the US.
Cryptocurrency exchange Coinbase is preparing to launch its futures for institutional investors in the United States. Announcing the news as of today, Coinbase stated that the company is now officially allowed to operate a Futures Commission Merchant (FCM) platform.
Futures will start on Bitcoin and Etherum
On the one hand, Coinbase, which struggles with the SEC, continues to make a name for itself by getting approval from the NFA. Announcing that it will launch futures transactions in BTC and ETH parities first, the stock market said, “US-adjusted futures are coming very soon.” said. In addition, stating that it aims to provide a safe and harmonious environment for its customers, the company stated that it will focus more on these issues with its new move.
Making statements on its website, Coinbase made a call to its users and stated that they should sign up for the waiting list and early access opportunity. In addition, the exchange’s taking such a step despite the SEC’s regulatory pressure was appreciated by users.
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