TechFlow news — According to an official announcement, cryptocurrency exchange Coinbase has received regulatory approval from the National Futures Association (NFA), a self-regulatory organization designated by the U.S. Commodity Futures Trading Commission (CFTC), to operate as a Futures Commission Merchant (FCM) and offer federally regulated cryptocurrency futures trading to eligible U.S. customers.
Coinbase will now become the first crypto-native company to directly provide both traditional spot crypto trading and regulated, leveraged crypto futures, delivering an integrated trading solution for verified customers.
Coinbase stated it has obtained the FCM license from the National Futures Association. The company will offer derivatives on assets such as Bitcoin and Ethereum through its subsidiary, Coinbase Financial Markets.
