After handling billions of dollars in institutional futures trading volume, Coinbase is rolling out service for retail users outside the U.S.
from the Bermuda Monetary Authority.
perpetual futures trading services to retail customers outside the United States, it said in a statement.regulatory approval to offer the service to non-U.S. retail customers from the Bermuda Monetary Authority, or BMA, according to the statement. Through its Coinbase International Exchange arm, the exchange has seen more than “$5.5 billion in notional [futures] trading volume from institutions as of the second quarter of this year,” it also said.
perpetual futures trading. About 75% of global crypto trading volume comes from derivatives market activity, according to the exchange. Coinbase’s international strategy zeroes in on 24 countries, including the G20 members, together with Hong Kong, Switzerland, the United Arab Emirates and Singapore. The company
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