Coinbase Receives Regulatory Approval To Enable Retail Perpetual Futures Trading; Coinbase Received Regulatory Approval From The Bermuda Monetary Authority To Enable Perpetual Futures For Eligible Non-U.S. Retail Customers
Portfolio Pulse from Benzinga Newsdesk
Coinbase has received regulatory approval from the Bermuda Monetary Authority to enable perpetual futures trading for eligible non-U.S. retail customers.
September 28, 2023 | 12:49 pm
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POSITIVE IMPACT
Coinbase's approval to offer perpetual futures trading to non-U.S. retail customers could potentially increase its customer base and revenues.
The approval allows Coinbase to expand its product offerings and potentially attract more non-U.S. retail customers. This could lead to increased trading volumes and revenues, which could positively impact the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100