Coinbase Approved to Operate a Futures Commission Merchant

Coinbase Financial Markets, Inc., a leading cryptocurrency exchange, announced that it has secured regulatory approval from the National Futures Association (NFA) to operate a futures commission merchant offering crypto futures on its platforms. The NFA is the self-regulatory organization for the U.S. derivatives industry, designated by the Commodity Futures Trading Commission (CFTC). According to Coinbase, its application has been pending since 2021….
By: Troutman Pepper
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