Coinbase Seeks CFTC Nod for SHIB, AVA Futures Listings

WikiBit 2024-06-29 13:01

Coinbase cryptocurrency exchange recently filed for regulatory approval to offer future products rel

Coinbase

cryptocurrency

exchange recently filed for regulatory approval to offer future products related to several altcoins, including SHIB and AVA. The submission to the Commodity Futures Trading Commission (CFTC) includes proposals for derivatives tied to DOT, SHB, XLM, AVA, and LNK, with trading potentially commencing as early as July 15. This move aligns with Coinbases strategy to enhance its derivatives market and cater to a broader investor base, adhering strictly to U.S. regulatory standards.

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