A Historic Turning Point for Cryptocurrencies: Coinbase Makes the Anticipated Announcement

By: bitcoin sistemi|2025/05/10 01:15:04
0
Share
copy
A Historic Turning Point for Cryptocurrencies: Coinbase Makes the Anticipated Announcement Cryptocurrency exchange Coinbase shared a very important announcement regarding the regulation of the sector in its statement. Cryptocurrency exchange Coinbase has announced that it has launched 24/7 Bitcoin and Ethereum futures trading, becoming the first regulated platform in the United States. This service, which will be run by Coinbase Derivatives, will allow both individual and institutional investors to trade at any time of the day, including weekends. Coinbase Derivatives, Coinbase’s derivatives arm regulated by the U.S. Commodity Futures Trading Commission (CFTC), will provide traders with continuous trading while providing instant response to market movements and unexpected developments. All trades will be cleared through Nodal Clear, which is also regulated by the CFTC. “We have been working on this service with the CFTC for a long time, and it is finally time to make this vision a reality,” said Boris Ilyevsky, CEO of Coinbase Derivatives. The platform also plans to offer perpetual futures contracts in the US markets in the coming period. Institutions supporting the new trading model include Virtu Financial, ABN AMRO, Wedbush Securities and Coinbase Financial Markets. Coinbase announced its 24/7 futures service in March. “The arrival of a CFTC-approved 24/7 market service is a milestone for the industry,” said Andy Sears, CEO of Coinbase Financial Markets. This development comes on the heels of Coinbase announcing its $2.9 billion acquisition of Deribit, with which the company aims to further expand its derivatives product offering. *This is not investment advice.

You may also like

DeFi is trapped in the most dangerous prisoner's dilemma in history

This incident has returned to the classic dilemma of cryptography: pragmatic security vs completely decentralized security.

Exclusive Interview with Jeff Hoffman: How Web3 and AI are Reshaping the Trillion-Dollar Social Travel Market

The most valuable platforms will not only be aggregators of suppliers, but they will also have relational networks around payments, loyalty, and communities.

After the KelpDAO hack, AAVE's situation is worse than you think

October 10 is the CEX-driven collapse, an epic failure in DeFi risk mitigation.

Atkins Marks One-Year Anniversary at SEC: Crypto Regulation Shifts from ‘Enforcement Heavy’ to ‘Rulemaking Mode’

Before the bill is passed, the SEC's cryptocurrency regulatory framework remains in a transition state of "administrative guidance + enforcement actions."

Under Political Pressure, Is the Federal Reserve Still Independent?

Powell believes that political pressure is not a threat, and what truly determines the Fed's independence is the Fed itself.

Yellen's Past Remarks: How Will This Incoming "Fed Chair" Disrupt the Federal Reserve? Janet Yellen, who is expected to become the next Chair of the Federal Reserve, has made several significant statements in the past regarding monetary policy, financ...

Powell's reform blueprint not only looks bold and ambitious, but also directly targets many vulnerabilities of the Federal Reserve. Facing the upcoming Senate confirmation hearing, how will this Fed's presumptive new "helmsman" reshape the future of the world's largest central bank?

Popular coins

Latest Crypto News

Read more