Cryptocurrency exchange Coinbase has launched new futures contracts for users in Europe. The rollout provides access to both crypto and traditional market exposure through regulated products.
The offering is Coinbase’s first under its MiFID II licence, reported in January this year, obtained through the acquisition of BUX Cyprus. Its CySEC-regulated entity allows the exchange to offer over-the-counter derivatives across the European Economic Area. The contracts are available to Coinbase Advanced users in 26 countries, including Germany, France, and the Netherlands.
Crypto, Magnificent Seven Stocks Combined Futures
The new lineup includes crypto futures tied to Bitcoin and other digital assets. Coinbase also introduced an equity-index product called the Mag7 + Crypto Equity Index Futures.
financemagnates.com