Coinbase Introduces Regulated Crypto Derivatives in Canada

VERA Brief

AI-generated. Grounded in the article and its cited sources.

Coinbase has launched regulated crypto derivatives trading for eligible Canadian clients, offering perpetual and dated futures with up to 10x leverage. This move signifies an expansion of major US crypto trading platforms into the Canadian regulatory framework.

Key facts

• Coinbase has introduced regulated crypto derivatives trading in Canada.
• Eligible Canadian clients can now trade perpetual and dated futures contracts.
• Leverage options of up to 10 times are available for these derivatives.
• This expansion increases the presence of US-based cryptocurrency trading platforms in Canada.