Saturday, June 28, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

Coinbase Derivatives Set to Launch Futures Trading for Dogecoin, Litecoin, and Bitcoin Cash on April 1

March 21, 2024
in Bitcoin
Reading Time: 2 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on TwitterShare on E Mail


In a transfer that indicators growing mainstream acceptance, Coinbase Derivatives is about to introduce futures buying and selling for 3 distinguished cryptocurrencies: Dogecoin, Litecoin, and Bitcoin Money, starting April 1.

Utilizing self-certification with the Commodities Futures Buying and selling Fee (CFTC), Coinbase goals to swiftly checklist these futures contracts whereas guaranteeing compliance with regulatory requirements. These cryptocurrencies, stemming from Bitcoin, which the Securities and Alternate Fee (SEC) acknowledges as a commodity, have been chosen for futures buying and selling, leveraging their established standing inside the crypto market.

Dogecoin, initially conceived as a lighthearted meme, is now receiving severe consideration because it joins the roster of tradable property. Coinbase’s announcement to launch month-to-month cash-settled futures contracts for Dogecoin, Litecoin, and Bitcoin Money was communicated to CFTC Secretary Christopher Kirkpatrick in separate letters dated March 7. The letters outlined key particulars similar to contract sizes, settlement strategies, and the utilization of a benchmark fee by Market Vector.

Coinbase’s choice to make the most of the self-certification route underneath CFTC Regulation 40.2(a) underscores its dedication to regulatory compliance. This method permits for the introduction of latest choices with out direct CFTC approval, offered the merchandise adhere to the Commodity Alternate Act and CFTC rules.

The regulatory classification of those cryptocurrencies as commodities, slightly than securities, raises intriguing questions inside the business. Bloomberg Intelligence ETF analysis analyst James Seyffart famous the importance of this growth, significantly in distinguishing these property as “commodities futures” slightly than “securities futures.” Given their lineage from Bitcoin, arguing for his or her classification as securities would pose challenges, particularly following the approval of spot Bitcoin ETFs. Coinbase’s strategic choice of these cryptocurrencies for futures buying and selling displays a nuanced understanding of regulatory dynamics and market tendencies.

Featured Picture: Megapixl

Please See Disclaimer



Source link

Tags: AprilBitcoinCashCoinbaseDerivativesDogecoinFuturesLaunchLitecoinsetTrading
Previous Post

Stablecoin Bill’s Passage in 2024 Appears Uncertain as Talks Stall

Next Post

Dogecoin Days Are Over: Shiba Inu Team Hints At Major Updates

Related Posts

Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally
Bitcoin

Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally

June 28, 2025
29.02% Of Supply Locked Signals Long-Term Conviction
Bitcoin

29.02% Of Supply Locked Signals Long-Term Conviction

June 27, 2025
Bakkt’s Bitcoin Strategy: Company Files With SEC To Raise $1 Billion
Bitcoin

Bakkt’s Bitcoin Strategy: Company Files With SEC To Raise $1 Billion

June 28, 2025
The Fall Of Solana In The NFT Market – What Went Wrong?
Bitcoin

The Fall Of Solana In The NFT Market – What Went Wrong?

June 28, 2025
The Future of Crypto Security: Why True Self-Custody Is Essential – Insights from Andrey Lazutkin, CTO of Tangem
Bitcoin

The Future of Crypto Security: Why True Self-Custody Is Essential – Insights from Andrey Lazutkin, CTO of Tangem

June 27, 2025
Bitcoin Hashrate Sees Largest 1-Day Surge in Months
Bitcoin

Bitcoin Hashrate Sees Largest 1-Day Surge in Months

June 27, 2025
Next Post
Dogecoin Days Are Over: Shiba Inu Team Hints At Major Updates

Dogecoin Days Are Over: Shiba Inu Team Hints At Major Updates

Sepolia Incident | Ethereum Foundation Blog

Sepolia Incident | Ethereum Foundation Blog

Coinbase to Provide Key Infrastructure for Blackrock’s Tokenized Investment Fund

Coinbase to Provide Key Infrastructure for Blackrock’s Tokenized Investment Fund

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In