The US Commodity Futures Trading Commission (CFTC) has now opened the path for Coinbase and other CFTC-registered exchanges to offer regulated access to global crypto derivatives markets.

Coinbase Offers Access To Global Crypto Derivatives

On Friday, Coinbase announced that its subsidiary, Coinbase Financial Markets (CFM), has become the first US-regulated Futures Commission Merchant (FCM) to offer its domestic clients access to global crypto derivatives markets.

Crypto derivatives account for roughly 80% of global crypto trading volume, Coinbase explained, with options, perpetual futures, and other instruments driving most of that activity across international venues.

However, US customers haven’t had regulated access to this…