| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107349.9300000000 |
| ETH | $2437.4290000000 |
| BNB | $646.2292200000 |
| XRP | $2.1951780000 |
| ADA | $0.5635787000 |
| SOL | $149.7763000000 |
| DOGE | $N/A |
| DOT | $3.3756900000 |
| LTC | $86.7957000000 |
| LINK | $13.2466200000 |
Category: CRYPTO NEWS
The post Coinbase exchange launches CFTC-regulated futures for Solana and Hedera appeared on BitcoinEthereumNews.com. Coinbase exchange has unveiled CFTC-regulated futures for Hedera and Solana. The launched offerings have introduced more crypto products to institutions in the U.S. market. Coinbase, a major U.S.-based crypto exchange, has introduced new offerings for institutions in the jurisdiction. The exchange announced it had introduced CFTC-regulated futures for Solana (SOL) and Hedera (HBAR), citing the increasing demand for futures among U.S. investors. Coinbase exchange unveils CFTC-regulated Hedera and Solana futures through Coinbase Derivatives Coinbase Derivatives, LLC now offers CFTC-regulated futures for $SOL and $HBAR –bringing more institutional-grade crypto products to the U.S. futures market. pic.twitter.com/rLJz1bQGRA — Coinbase Institutional 🛡️ (@CoinbaseInsto) February 18, 2025 Coinbase Exchange announced that it will offer the new futures products through its Coinbase Derivatives, LLC (CDE), a U.S. CFTC-registered Designated Contract Market (DCM). According to the announcement, the exchange self-certified with the U.S. Commodity Futures Trading Commission (CFTC) to list the futures contracts for Hedera (HBAR) and Solana (SOL). The exchange explained that the launch marked a new milestone representing the evolution of crypto derivatives’ regulations in the U.S. Coinbase highlighted that the new additions bring the total CDE futures contracts to 19 including the listings of Bitcoin, Ether, Dogecoin, Stellar, and Gold. In mid-July last year, Coinbase Derivatives launched margined futures contracts for Avalanche (AVAX), Chainlink (LINK), Polkadot (DOT), Stellar (XLM), and Shiba Inu (SHIB). Coinbase Derivatives said the contracts will give market participants a chance to manage risk, speculate on price movements, and invest with lower upfront capital requirements. The announcement detailed that the futures contracts are designed to have specific specifications inclined towards favoring market participants. These specifications include, 5 SOL per contract for Nano Solana Futures (SOL), 100 SOL per contract for Solana Futures (SLC), and 5000 HBAR per contract for Hedera Futures (HED). In August 2023, Coinbase Financial Markets, Inc. (CFM),…
2025-02-19T03:34:26+00:00