Coinbase Clearing Registered by CFTC for Fully Collateralized Derivatives

Coinbase Clearing LLC has been registered as a derivatives clearing organization by the Commodity Futures Trading Commission (CFTC).

The registration, dated September 28, allows Coinbase Clearing to clear fully collateralized futures, options on futures, and swaps in U.S. markets.

According to the CFTC order, Coinbase demonstrated compliance with the requirements for derivatives clearing organizations under Section 5b of the Commodity Exchange Act and CFTC Regulation 39.3(a).

Coinbase Clearing plans to provide clearing services for contracts traded on designated contract markets and swap execution facilities, serving market participants directly and customers of futures commission merchants that become clearing members.