Coinbase Secures Approval to Launch Bitcoin and Ether Futures Trading for US Customers

CFTC Coinbase
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Journalist
Journalist
Hassan Shittu
Author Categories
About Author

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Last updated:
Why Trust Cryptonews
Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews
Ad DisclosureWe believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. Read more
Source: AdobeStock / Ahmed

Coinbase, a prominent cryptocurrency exchange, has recently received the green light from the National Futures Association (NFA) to extend its services to include investment opportunities in cryptocurrency futures for eligible clients within the United States.

On August 16, Coinbase proudly announced that it had been granted official authorization to function as a Futures Commission Merchant (FCM) platform.

This significant approval empowers Coinbase to take on the role of introducing futures contracts for two major cryptocurrencies: Bitcoin (BTC) and Ether (ETH). 

These offerings will be made available through Coinbase’s Commodity Futures Trading Commission (CFTC), a regulated derivatives exchange. They will also complement their spot market, ensuring a seamless experience under the oversight of the CFTC and NFA. 

Coinbase aims to provide a secure entry point into the crypto industry by obtaining approval for US customers to engage with regulated crypto derivatives, thereby contributing to keeping the US at the forefront of digital innovation.

In its blog, Coinbase stated that regulatory adherence and transparency are vital for instilling confidence in individual customers and institutions. 

The company emphasized the necessity of a CFTC-regulated crypto derivatives market to foster significant growth and broader participation in the crypto economy.

“Access to a CFTC-regulated crypto derivatives market is essential to unlocking significant growth and enabling broader participation in the crypto economy.”

Coinbase’s Emphasis on Crypto Derivatives Market and Regulatory Compliance in Path to Becoming a Publicly-Traded Company

In its blog post, Coinbase emphasized that the worldwide crypto derivatives market comprises 75% of the total crypto trading volume, asserting that “Margin trading empowers customers with leverage and entry into the crypto market, requiring less initial investment than traditional spot trading.”


Coinbase applied to the NFA in September 2021 to register as a Futures Commission Merchant (FCM).

Since then, they have collaborated with regulators to ensure full compliance with regulations and aligned their FCM’s business model with the CFTC’s customer protection mandates. 

The decision to become a publicly-traded US company was driven by the belief that the US offers the most robust regulatory framework for consumer safeguarding while embracing the potential of the crypto industry.


“This is a critical milestone that reaffirms our commitment to operate a regulated and compliant business and be the most trusted and secure crypto-native platform for our customers,” Coinbase said in the statement.

Coinbase’s cryptocurrency futures webpage states that the new futures trading service won’t be immediately accessible in the United States. 

The company’s website announces, “US-regulated futures trading is coming soon. Enroll on the waitlist for early access.”

In the coming months, Coinbase plans to share more details on how verified US customers can access their futures offering. 

However, Coinbase faces a legal battle with the US Securities and Exchange Commission (SEC). The SEC sued Coinbase in early June, claiming that the exchange breached local securities laws by selling unregistered securities.

More Articles

Price Analysis
Price Breakthrough Forecast: The Next XRP Rally Could Be Here Soon
Arslan Butt
Arslan Butt
2025-02-09 14:21:48
Altcoin News
Gold-Backed Altcoins Boom as Major Banks Raise Price Predictions: Which Coins to Get
Arslan Butt
Arslan Butt
2025-02-09 12:55:24
Crypto News in numbers
editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors