Coinbase: CFTC Approves Derivatives Clearinghouse
Coinbase secures CFTC approval to launch derivatives clearinghouse for 24/7 USDC settlements, boosting crypto derivatives infrastructure.
SourceAnalysis
Coinbase received CFTC approval to launch its own derivatives clearinghouse, enabling direct clearing and settlement of fully collateralized derivatives using USDC with 24/7 settlement. This move strengthens Coinbase derivatives launch capabilities amid rising demand for crypto clearinghouse approval and USDC 24/7 settlement solutions.
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