Coinbase Wins UK Approval for Stocks and Derivatives Trading

Coinbase has secured a major regulatory approval in the UK, expanding its services to include stocks and derivatives trading. The company received an investment services licence from the Financial Conduct Authority (FCA) in the UK, enabling it to offer traditional investment products alongside crypto products.

The new license will allow institutional and professional investors to trade crypto derivatives, as well as equity and commodity perpetual futures. UK retail investors will also be able to buy and sell stocks on Coinbase for the first time.

This is the largest product expansion Coinbase has made to date, according to the company. The approval bolsters its regulated business in the UK, where it already holds a crypto registration and e-money license.