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Coinbase Files Application to Trade Crypto Futures
News

Coinbase Files Application to Trade Crypto Futures

Coinbase announced today that it has filed with the National Futures Association to become a registered futures commission merchant. The NFA is the “self-regulatory organization for the U.S. derivatives industry.”

This indicates the exchange is seeking to move beyond mere spot trading—one asset for another—to derivatives trading, in which people can bet on future prices.

This news is breaking and the article will be updated.

Source: Decrypt.co

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