TechThe Block1h ago
Coinbase gets CFTC approval for Coinbase Clearing, completing its
Coinbase gets CFTC approval for Coinbase Clearing, completing its derivatives stack, letting it list, broker, and clear fully collateralized products in-house
TL;DRCoinbase got regulatory approval to clear its own crypto derivatives trades in-house.
Why it matters: Reduces reliance on third parties, lowers costs, and strengthens Coinbase's competitive moat in derivatives.
This completes Coinbase's derivatives infrastructure, allowing it to list, broker, and clear fully collateralized products in-house.
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