Coinbase to launch 'nano' bitcoin futures via brokerages as it pursues CFTC approval

Coinbase to launch 'nano' bitcoin futures via brokerages as it pursues CFTC approval

From theblock.co

Coinbase will roll out its first derivatives product next week with the launch of so-called "nano" bitcoin futures. In a Thursday blog post, Coinbase Derivatives Exchange — the renamed FairX, which was acquired by Coinbase this year — said it would "launch its first listed crypto derivatives product on June 27, 2022: Nano Bitcoin futures contract (BIT), with each contract sized at 1/100th of a bitcoin." According to a notice on the Coinbase Derivatives website, the initial offering is a USD-settled index future. Key to the launch is that the futures will be available via brokerages rather than through Coinbase ... (full story)

- Older Stories
Coinbase downgraded by Moody's, may be cut further
From theblock.co|Jun 23, 2022
Ratings agency Moody's said Thursday that it downgraded US crypto exchange Coinbase's senior unsecured notes. Specifically, Moody's said it "downgraded Coinbase Global, Inc.'s ...
Buy Bitcoin or start mining? HashWorks CEO points to ‘attractive investment yield’ in BTC mining
From cointelegraph.com|Jun 23, 2022
Recently, bad news has abounded, and the resulting fear is real. DeFi is looking dead, altcoins completed their lifecycle by returning back to $0 (I guess that’s a joke), and ...
The future of digital asset regulation? The CFTC, says Congressional committee
From theblock.co|Jun 23, 2022
Within Congress, the Commodity Futures Trading Commission is picking up political momentum to regulate crypto markets directly. On June 23, a subcommittee of the House Agriculture ...

- Newer Stories
Soccer Superstar Cristiano Ronaldo Is Making NFTs for Binance
From decrypt.co|Jun 23, 2022
Cristiano Ronaldo has entered a multi-year joint marketing agreement with crypto company Binance. As a part of the deal announced today, multiple Ronaldo NFT collections will be ...
Harmony's cross-chain bridge hit by ETH theft worth nearly $100 million
From theblock.co|Jun 23, 2022
The team behind the Harmony blockchain network has announced that Horizon, its cross-chain bridge to Ethereum, suffered a theft worth nearly $100 million in ETH. The theft ...
Banque de France awarded by the Central Banking Fintech and Regtech Global Awards for its...
From banque-france.fr|Jun 23, 2022
The Banque de France received the CBDC infrastructure category award for its experimentations on central bank digital currency. Nine CBDC experiments were successfully performed, ...