Coinbase futures approval seen as a major win amid the war on crypto

The approval for America’s largest digital asset exchange, Coinbase, to offer crypto futures to U.S. retail customers is being seen as a major regulatory victory amid a

The firm initially unveiled plans to offer BTC and ETH futures contracts in mid-2022. The new approval will allow Coinbase to offer the crypto futures directly to eligible U.S. retail customers, rather than just institutional clients. The exchange did not specify when it would become available, however.

Company stock (COIN) did not react to the news, dropping 1.56% on the day to reach $77.7 in after-hours trading, however, Coinbase shares are up 130% so far this year.

Cointelegraph reached out to Coinbase for further comments.

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