Coinbase CFM Opens Regulated Crypto Derivatives to Canadian Investors
Coinbase September 2 announcement gives eligible Canadian investors access to CFTC-registered crypto futures via its CFM unit, the first such domestic venue.
Coinbase announced on September 2 that eligible Canadian investors can now access regulated crypto derivative contracts through its Coinbase Financial Markets unit.
CFM is a CFTC-registered futures commission merchant. The rollout marks the first domestic CFTC-registered venue for crypto futures available in Canada.
Details still unknown
Specific contracts or assets offered remain undisclosed. The number of eligible users, expected volume, and exact eligibility criteria beyond the announcement are not stated.