company
Regulated platform cited as already cleared by the CFTC this year to offer perp-style contracts.
No evidence-backed relationships are recorded.
CFTC staff let Coinbase Derivatives and Bitnomial strip expiry dates from 38 crypto futures, under relief that lapses on June 30. Only contracts on assets with deep spot markets qualify, so the underlying assets decide how many of the 38 convert.
Reality
Coinbase won CFTC registration for its own clearinghouse on September 28, ten months after applying, covering only fully collateralized contracts. Its margined book and planned stock perpetuals still clear through partners, so the leveraged trading that dominates crypto volume stays outside.
Perspective Coverage
6 publishersReality
Coinbase won CFTC registration on September 28 for its own clearinghouse, limited to fully collateralized futures, options on futures and swaps. Its margined business and planned single-stock perpetual futures will keep clearing through outside partners.
Reality
Coinbase won CFTC registration on Sept. 28 for its own clearinghouse, licensed for fully collateralized futures, options on futures and swaps. Margined contracts, including planned single-stock perpetuals, still clear through outside partners.
Reality
Both venues want cash-settled contracts on the largest US listings, with funding payments in place of an expiry date, and because the underlyings are securities the products need the SEC as well as the CFTC.
Perspective Coverage
3 publishersReality