Crypto exchange Coinbase has just announced the launch of perpetual futures trading to non-US retail customers.
As reported by the company, it received approval from Bermuda's financial regulator in April to enable this product and in May launched Coinbase International Exchange, a service for institutional customers
Coinbase has said:
"Coinbase Advanced, a powerful retail trading platform, will begin to offer perpetual futures trading in the coming weeks as we expand access to regulated derivatives to more global customers."
Subscribe to our Telegram channel to get weekly short digests about events that shape the crypto world
According to the platform, about 75% of crypto asset trading comes from derivatives markets.
Coinbase representatives have highlighted:
"We are dedicated to partnering with high-bar global regulators to build a crypto regulatory framework that allows crypto technology to continually drive innovation."