- Coinbase launches CFTC-compliant crypto perpetual futures in the U.S.
- U.S Traders can access to leveraged, no-expiry contracts
- Coinbase strengthens its regulated product suite at Crypto Summit
Coinbase has announced that it will launch crypto perpetual futures to the U.S.-based traders in a bid to increase its regulated products. The exchange said that the new product will adhere to Commodity Futures Trading Commission (CFTC) regulations. It made the announcement at its Crypto Summit in New York, where it also announced other product rollouts.
The exchange had earlier introduced 24/7 futures trading for Bitcoin and Ethereum to increase access for U.S. participants. That product allowed traders to speculate without owning the actual asset and attracted high demand. Coinbase now eyes the fast-growing perpetual futures market.
Perpetual contracts do not expire and track the market prices, unlike regular futures. These tools enable the participants to use leverage and remain active in the changing market conditions. Coinbase plans to support this product class under strict regulations.
Max Branzburg, the Vice President of Product, stressed that the new product will be CFTC-compliant to improve transparency in trading environments. The shift indicates compliance and more access to advanced instruments. The company continues to operate within the law to create superior trading tools to its users.
Coinbases perpetual futures product comes amid increased interest towards such products on global exchanges. The increased demand for flexible and leveraged crypto trading instruments has led to innovation in the space. The exchange seeks to fulfil that demand with institutional quality solutions in a compliant framework.
The U.S crypto derivative regulatory landscape now allows firms to explore new opportunities. Recently, CFTC Commissioner Summer Mersinger announced that the U.S market will facilitate perpetual futures trade. This change in regulation could pave the way for the Coinbase product launch.
Coinbase also announced a new partnership with Stripe which enables integration of USDC payments on Spotify. The company emphasized its commitment to create a diverse crypto financial system through the integration of trading, payments and compliance. These developments indicate that Coinbase intends to serve retail and institutional clients.
Other exchanges have also shifted towards regulated perpetual futures. Hyperliquid collaborates with regulators to create a compliant model of decentralized perpetuals as volumes surge. Binance and COTI have announced plans for privacy-focused dark pool decentralized exchanges for perpetual trading.
Coinbase believes a regulation-first approach will draw serious market participants and long-term users. The regulated perpetual futures solidifies its position as a leader in advanced crypto trading in the U.S. The exchange aims to close the gap between global demand and domestic access.
