- Coinbase (NASDAQ:COIN) users in the U.S. can now access federally regulated crypto derivatives with margin.
- Brian Armstrong says the crypto exchange is excited about this development.
- With the recent approval, Coinbase users can trade using margin on leveraged accounts.
Coinbase users in the United States can now access federally regulated crypto derivatives with margin, and Brian Armstrong, CEO of Coinbase, says the crypto exchange is excited about that. Armstrong expressed his excitement while reacting to a post by the Coinbase official handle on the X app (formerly Twitter). He described the development as a “major moment for crypto regulatory clarity in the U.S.”
Major moment for crypto regulatory clarity in the U.S.This has been a multi-year process toward approval, and we're excited to finally be launching federally regulated crypto derivatives with margin to our U.S. customers.When there is a clear path to register, we do. https://t.co/TxSOAIpoPj— Brian Armstrong