CoinScoopCoinbase Receives CFTC Approval for USDC-Native Clearinghouse
The CFTC has registered Coinbase Clearing LLC as a Derivatives Clearing Organization. This approval enables the entity to clear fully collateralized futures, options on futures, and swaps using USDC as collateral, while supporting 24/7 settlement.
Summaries are written by AI from the original article. Not investment advice.