Coinbase Receives CFTC Approval to Own Full Derivatives Stack
(3 days ago) · 1 source · Summarized by CryptoBipto — how we make this
Coinbase has received approval from the Commodity Futures Trading Commission (CFTC) that allows it to control every layer of its derivatives trading infrastructure. This means the company can now operate as a fully vertically integrated derivatives platform in the United States.
WHY IT MATTERS
Think of derivatives trading like a relay race with multiple handoffs — one team runs the race track, another handles the baton exchange, and a third manages the runners' accounts. Until now, Coinbase had to partner with other companies for some of these steps. With this approval, Coinbase now controls the entire relay on its own. For people new to crypto, derivatives are contracts that let traders speculate on the future price of assets like Bitcoin without actually owning them. The CFTC is the government agency that regulates these types of contracts in the U.S. This approval means Coinbase has passed a significant regulatory hurdle, which could make it easier for the company to offer new types of trading products under one roof.
Read the full analysis with a CryptoBipto membership
Members can read the full analysis of every story, not just the headline.
Get startedSOURCES
RELATED
Learn the concepts behind this
Clear explanations of the subjects this article touches, with every term defined.