[contentcards url=”https://www.reuters.com/technology/cryptoverse-us-retail-traders-eye-fresh-piece-crypto-derivatives-pie-2023-08-22/”]
By Lisa Pauline Mattackal and Medha Singh
America’s mom and pop bitcoin buffs have a shiny new derivatives playground that cryptocurrency analysts hope will fire up a moribund market.
Their new platform is cryptocurrency exchange Coinbase Global (COIN.O), which on Aug. 16 became the first crypto-focused firm to win approval to offer cryptocurrency futures to U.S. retail customers.
It’s early days. But crypto markets are excited by the possibility that the first regulated and listed crypto firm to offer futures trading to U.S. retail investors might revive a shrinking $2 trillion cryptocurrency derivatives market.
Read Full Article Here…(reuters.com)
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