Coinbase Secures Derivatives Clearing License Amid Growing Regulatory Integration
Coinbase has been registered by the U.S. Commodity Futures Trading Commission (CFTC) as a derivatives clearing organization, allowing the company to clear fully collateralized futures, options, and swaps. This follows a series of government integrations, including a contract with the U.S. Marshals Service in July 2024 to manage seized digital assets and its role as a primary partner for the majority of spot bitcoin ETFs approved by the SEC in 2024.
Summaries are written by AI from the original article. Not investment advice.