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US regulators greenlight crypto perpetual futures — long Coinbase as the big winner

U.S. regulators just cleared the way for a popular type of crypto trading contract to be legally offered in America, and Coinbase is one of the first platforms approved to offer it.

Idea

Perpetual futures are the most popular crypto trading product in the world, but until now Americans had to use offshore exchanges to access them. The CFTC just changed the game by allowing these contracts on U.S. soil, specifically greenlighting Coinbase to offer them. As a fully regulated domestic leader, Coinbase is positioned to capture a massive wave of new trading volume. This rare regulatory clarity removes a major roadblock for the stock and opens up a brand new revenue stream.

Key details

COIN1D#crypto#regulation#crypto_infrastructure

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