Approval for US customers to access regulated crypto derivatives will allow more people to access the crypto economy in the United States in a safe way that helps keep the US at the center of digital innovation.\u201d<\/p><\/blockquote>\n\n\n\n
Coinbase\u2019s registration as an FCM paves the way for its debut in the crypto derivatives market, which clocked a whopping $2.95 trillion in March this year. Earlier this year, CCData reported that the market share of crypto derivatives trading rose to an all-time high of 77.6% in April. <\/p>\n\n\n\n
The crypto exchange previously identified this market as a critical trader access point, which prompted the acquisition of FairX in 2022, which was later rebranded as Coinbase Derivatives Exchange. This subsidiary has since offered nano BTC and ETH futures contracts for retail investors. <\/p>\n\n\n\n
News of the regulatory approval to offer crypto futures trading led to a hike of more than 5% in Coinbase\u2019s share price in pre-market trading. The stock soared as high as $84.20. <\/p>\n","protected":false},"excerpt":{"rendered":"
Coinbase has secured regulatory approval from the National Futures Association to offer crypto futures trading in the United States. <\/p>\n","protected":false},"author":62,"featured_media":583684,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[17,947,2,26],"tags":[1117,108272,108369,7136,937],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/583682"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=583682"}],"version-history":[{"count":2,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/583682\/revisions"}],"predecessor-version":[{"id":583685,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/583682\/revisions\/583685"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/583684"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=583682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=583682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=583682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}