Coinbase Expands US Crypto Market with Regulated Derivatives

Coinbase Global has made a significant expansion into the US cryptocurrency market by launching its first regulated crypto derivatives product.

The move marks a milestone in the industry, as it provides U.S. clients with regulated access to global markets for the first time through a CFTC-regulated FCM (Futures Commission Merchant).

Crypto options on Deribit are the initial product available through the new offering, which may increase regulated trading activity and attract institutional capital.