您现在的位置是:Coinbase expands futures trading services globally >>正文
Coinbase expands futures trading services globally
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛2人已围观
简介Coinbase International Exchange has received regulatory approval.The approval underscores the compan...
- Coinbase International Exchange has received regulatory approval.
- The approval underscores the company’s commitment to global expansion.
- Coinbase’s CEO continues to advocate for regulatory clarity.
Coinbase, a leading cryptocurrency platform, has achieved a significant milestone by gaining regulatory approval from the Bermuda Monetary Authority (BMA) to offer perpetual futures trading services to retail customers outside the United States.
This development marks a strategic move to expand Coinbase’s global presence in the cryptocurrency market.
Global futures market dominance
The global futures market plays a pivotal role in the cryptocurrency ecosystem, accounting for nearly 80% of the total crypto market. It facilitates leveraged transactions and derivatives trading, which often contribute to market volatility.
With this approval, Coinbase International Exchange aims to tap into the immense trading activity in the crypto derivatives space.
Crypto derivatives transactions reached an impressive $1.85 trillion worldwide in July, as reported by research firm CCData. This data underscores the growing demand for futures and derivatives trading, making it a crucial component of the crypto industry.
Coinbase CEO advocates for regulatory clarity
Coinbase’s move to expand its services outside the United States comes amidst increasing regulatory scrutiny and uncertainty within the cryptocurrency industry. Coinbase CEO Brian Armstrong has been vocal about the need for clear and consistent regulatory frameworks in the United States.
Armstrong expressed frustration with US regulators and hinted at the possibility of relocating the company if regulatory conditions do not improve. He cited the lack of transparent rules as a hindrance to the industry’s growth and stability. Clear regulations, he believes, are vital for both the industry’s success and investor confidence.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/53236.html
相关文章
Shiba Memu rides meme coin
Coinbase expands futures trading services globallyShiba Memu has raised $994,000 in a fortnight of presaleThe presale has generated a frenzy as invest...
阅读更多
Chancer prediction as stage one presale tops $700k
Coinbase expands futures trading services globallyKey takeawaysBitcoin has been trading around the $30k region for the last two weeks.Chancer’s...
阅读更多
QuEra plots course to crack error
Coinbase expands futures trading services globallyBy subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.QuEra, a...
阅读更多
热门文章
- China’s nuclear battery will charge your smartphone for life
- Arthur Hayes: China will lead crypto’s next bull market
- AI helps design better polycrystalline electronics: Study
- Bitcoin may be near its next leg up – analyst says
- Toyota, READY Robotics, NVIDIA team up for realistic robots
- New 10cm metalens may pave way for next
最新文章
Snake bot mimics parasite motion depicts better flexibility
Nasdaq suspends the launch of its own cryptocurrency custody
Bitcoin soars as SEC allows first leveraged Bitcoin Futures ETF
Ledger Live App Integrates ParaSwap For DEX Swaps
Football Stars Crypto Sees almost 5,000% spike
SunZia: Record $11B fund for America's clean energy future