Coinbase International Exchange, one of the leading platforms in the cryptocurrency world, has received official regulatory approval from the Bermuda Monetary Authority (BMA) to offer continuous futures trading to retail customers outside the United States. This approval will enable the Coinbase Advanced platform to commence continuous futures trading in the coming weeks.
“We are excited to further our mission of aiding in the evolution of the global financial system and providing more economic freedom and opportunities to users worldwide by expanding access to continuous futures for eligible customers outside the U.S.”Coinbase
Furthermore, Coinbase International Exchange commits to maintaining high-risk management, compliance, and user protection standards by closely adhering to the robust regulatory framework established by the BMA.
A Significant Portion of Global Crypto Volume Comes from Derivatives Market Activity
Lastly, the company emphasized that while it continues to operate as a publicly traded company in the U.S., a significant portion of the global crypto trading volume comes from derivative market activities.
“We are dedicated to partnering with top global regulators to establish a crypto regulatory framework that allows for continuous innovation in crypto technology.”Coinbase