The initial approval is restricted to fully collateralized products, which prohibits users from employing leverage for derivatives trades at this time. By establishing its own clearinghouse, Coinbase joins a small group of crypto-focused entities capable of managing the brokerage, exchange, and clearing functions in-house.
Wednesday, October 21, 2026
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Coinbase Wins CFTC Approval to Complete Derivatives Platform
Crypto22 days ago
The Commodity Futures Trading Commission has authorized Coinbase Clearing LLC to operate as a derivatives clearing organization. This status allows the company to merge its existing roles as a futures commission merchant and a designated contract market into a single integrated ecosystem, finalizing its goal of launching a full suite derivatives platform.
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