Scanned to Decrypt: The CFTC has approved Coinbase Clearing LLC to register as a derivatives clearing organization (DCO). That means Coinbase now has all three licenses—exchange (DCM), futures broker (FCM), and clearinghouse—so fully collateralized contracts can be listed, matched, and cleared in-house.
The company says this is the first clearinghouse backed by $USDC and supporting 24/7 settlement. Note the scope: for now, it only covers fully margined futures/options/swaps; products with leverage and margin, as well as planned single-stock perpetuals, will still need to go through external clearing partners.
$COIN #Coinbase #衍生品 #CFTC
The company says this is the first clearinghouse backed by $USDC and supporting 24/7 settlement. Note the scope: for now, it only covers fully margined futures/options/swaps; products with leverage and margin, as well as planned single-stock perpetuals, will still need to go through external clearing partners.
$COIN #Coinbase #衍生品 #CFTC
