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U.S. regulators just legalized crypto perpetuals — Coinbase is first in line

The top U.S. derivatives regulator just cleared the way for crypto perpetual futures contracts to be offered on American soil for the first time. Coinbase is one of the first platforms green-lit to offer them.

Idea

Perpetual futures are the most popular crypto trading product globally — until now, almost all the volume happened on offshore exchanges like Binance. Bringing them onshore to regulated U.S. platforms is a massive new revenue opportunity for Coinbase, which was specifically named in the CFTC's approval. This is the kind of structural change that can re-rate a stock higher, because it opens up an entirely new stream of trading fees from both retail and institutional customers who previously had to go overseas.

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BTCCOIN1D#regulatory#crypto#institutional

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