In May 2023, we announced the launch of Coinbase International Exchange: a new, non-US exchange, accompanying a class F license from the Bermuda Monetary Authority (BMA) to allow non-US institutions to trade perpetual futures. Today, we are excited to announce that Coinbase International Exchange has received additional regulatory approval from the BMA to extend perpetual futures trading to non-US retail customers. In the coming weeks, we will begin to offer eligible customers access to regulated perpetual futures contracts on Coinbase Advanced. Check your eligibility now. As announced in the Phase II of our “Go ... (full story)

After handling billions of dollars in institutional futures trading, Coinbase has secured approval to offer perpetual futures trading services to retail customers outside the United States, it said in a statement. The exchange gained regulatory approval to offer the service to non-U.S. retail customers from the Bermuda Monetary Authority, or BMA, according to the statement. Through its Coinbase International Exchange arm, the exchange has seen more than “$5.5 billion in notional [futures] trading volume from institutions as of the second quarter of this year,” it also said. Earlier this year, Coinbase launched its ... (full story)