Coinbase gets CFTC approval to set up its own derivatives clearinghouse in the United States! This is similar to Kraken’s approach when it acquired Bitnomial—both major exchanges are internalizing derivatives infrastructure. The move toward compliance is accelerating further, as the integration of traditional finance and crypto speeds up! $COIN #DeFi #Derivatives

Coinbase just got CFTC approval for its own US derivatives clearinghouse! Following Kraken's footsteps by bringing derivatives infrastructure in-house. Big move in the crypto space as traditional finance keeps merging with the digital asset world. $COIN #DeFi #Derivatives