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Coinbase obtains CFTC futures commission merchant status for Coinbase Financial Markets
Coinbase announced that Coinbase Financial Markets is registered as a futures commission merchant with the CFTC and is a member of the NFA, and highlighted the high risks associated with prediction contracts.
Leading Crypto Broker in United States
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Coinbase announced that its subsidiary, Coinbase Financial Markets, is officially registered as a futures commission merchant with the U.S. Commodity Futures Trading Commission (CFTC) and holds membership in the National Futures Association (NFA). The statement further clarifies that the information provided is not investment advice or a recommendation regarding specific contracts or strategies and notes that prediction contracts carry a high level of risk, warning that individuals could incur significant losses. No additional details about specific products or terms were provided in the announcement.
Coinbase is a cryptocurrency exchange used by over 43 million traders in more than 100 countries, offering access to a broad range of digital assets such as Bitcoin, Ethereum, Litecoin, Ripple, and BitcoinCash. The platform features both a web interface and mobile apps for iOS and Android, provides offline storage for assets, and offers security measures, analytical tools, and educational guides, including unique training programs where users can earn as they learn. For further details about its features and services, visit the Coinbase broker profile on Traders Union: full review on Traders Union.
For more background, the previous Coinbase update on Traders Union detailed the broker's clarification of its regulatory service structure and the risks involved in trading. You can read the full article in the previous Coinbase update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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