Coinbase To Launch Crypto Perpetual Futures For US

Coinbase To Launch Crypto Perpetual Futures For US Traders
Coinbase says it will roll out CFTC-compliant crypto perpetual futures trading for US-based traders as its crypto summit gets underway.
Coinbase is planning to launch perpetual futures trading in the U.S.
Executives say the incoming product will be CFTC-compliant.
The exchange has previously revealed a partnership with Stripe for USDC payments.

U.S.-based crypto exchange Coinbase has announced plans to launch crypto perpetual futures for American traders. The exchange stated that the product will comply with CFTC regulations, as perpetual futures grow in popularity.

Coinbase Plans Crypto Perpetual Futures For US Traders
Coinbase has made several announcements recently, the latest being its proposal to introduce crypto perpetual futures trading in the United States. The exchange revealed the plan at its Crypto Summit in New York, where it also introduced a range of new products to attendees.
According to Coinbase Vice President of Product Max Branzburg, the upcoming futures trading feature will comply with existing regulations. Specifically, Branzburg noted that it will adhere to the Commodity Futures Trading Commission (CFTC) rules.
A month ago, Coinbase launched 24/7 Bitcoin and Ethereum futures trading to expand its offerings. This was soon followed by plans to support futures trading for XRP and a selection of other altcoins.Following the initial success of its futures trading services, Coinbase is now turning its attention to crypto perpetual futures. If launched, this product would enable traders to speculate on crypto prices without the constraint of an expiry date, while also offering access to leverage.
Notably, Coinbase is banking on a changing regulatory landscape as an incentive to expand its product offerings in the U.S.

Alongside the perpetual futures announcement, Coinbase also revealed a partnership with Stripe to integrate USDC stablecoin payments on Spotify’s platform.