Coinbase, the largest cryptocurrency exchange in the USA, announced that it has received a license to offer continuous futures trading to individual users outside the USA.
In the article published on its official website on September 28, Coinbase stated that to individual users for the purpose of offering continuous futures trading From the Bermuda Monetary Authority (BMA) received regulatory approval.
Coinbase in May Derivatives exchange that will provide global services He stated that this approval was received through “Coinbase International Exchange”. Stock Exchange also In the section where Coinbase’s advanced exchange trading is located in a regulated way perpetual futures contract announced that he would present it.
Coinbase first Bitcoin (BTC) And Ethereum (ETH) It is available for corporate customers global stock market As of the second quarter of this year through from $5.5 billion He stated that they recorded high transaction volume. The exchange also calculates the futures market’s total trading volume of cryptocurrencies. constitute 75% he emphasized.
Expansion plans of the stock exchange in derivative transaction volume Hong Kong, Switzerland, UAE, Singapore And G20 includes countries.
Coinbase recently announced, in spot trading volume Cryptocurrency exchange that went bankrupt due to the huge decline and the increasing demand of the futures market FTX’s European subsidiary, FTX EuropeIt was claimed that he was exploring making a bid to buy .