Global Stock News

ASIC greenlights Coinbase’s crypto derivatives expansion

ASIC greenlights Coinbase’s crypto derivatives expansion

Coinbase Australia has become the first crypto exchange in the country to be granted a landmark retail derivatives authorisation by ASIC, giving the company the green light to bring perpetuals, futures, options, and a full suite of financial products Down Under.

The AFSL has been granted ahead of incoming legislation that will require digital asset exchanges to hold one – after the Corporations Amendment (Digital Assets Framework) Bill 2025 passed the Senate on 1 April, finally giving local digital asset businesses the legislative clarity they have long been calling for.

Coinbase will initially launch crypto and equity perpetuals in the Australian market, followed by futures and options, with plans to expand into stock…

Source link

Share this article

Scroll to Top