Coinbase Files for 24/7 Equity Perpetuals in the U.S.

Coinbase Chief Policy Officer Faryar Shirzad announced on September 3 that the company has filed with the SEC to offer equity perpetual contracts in the U.S., with further product approval required from the CFTC. This move aims to bring crypto-native derivative structures to traditional assets. Following the news, COIN shares rose over 5%. The initiative follows the CFTC's recent approval of Bitcoin perpetuals on regulated exchanges, though the proposal faces potential opposition from traditional entities like CME Group, which has challenged the CFTC's auth