Coinbase Receives CFTC Approval for Derivatives Clearing Organization License
Coinbase has received approval from the Commodity Futures Trading Commission for a Derivatives Clearing Organization license.
Coinbase has secured approval from the Commodity Futures Trading Commission (CFTC) for a Derivatives Clearing Organization (DCO) license, according to bloomingbit. The regulatory clearance expands the exchange's compliance footprint within United States derivatives markets.
CFTC Authorization
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The approval allows the platform to offer clearing services for regulated futures and derivatives products under federal oversight.
Key facts
- Coinbase received a Derivatives Clearing Organization license from the CFTC.
- The approval was reported by bloomingbit.
Source: news.google.com
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