Coinbase launches open-ended futures trading

Sep 29, 2023
Coinbase International Exchange has received approval from Bermuda's financial regulator to trade open-ended futures for retail customers outside the U.S.

The exchange will offer access to open-ended futures contracts in a few weeks. 

Recall that Coinbase is looking to expand globally. In May this year, the company announced the launch of its own Coinbase International Exchange.

The Coinbase blog reports that in Phase II of the ” Go Broad, Go Deep” strategy, it is planned to cooperate with major regulators. Thus, the company wants to create a system of cryptocurrency regulation and support the development of innovations in the crypto industry.