Coinbase Expands Derivatives Suite as UK Lawmakers Push Banks on Crypto Treatment

Coinbase has launched a new derivatives suite for professional investors in the UK. The move comes as lawmakers push major banks to clarify their treatment of authorized crypto companies.

The derivatives suite, which is now available to eligible users, will provide access to a range of financial products including options and futures. This is part of Coinbase's efforts to expand its offerings in the European market.

Meanwhile, UK lawmakers have written to major banks asking them to clarify whether FCA-authorized crypto companies will receive fairer access to accounts, services, and transaction facilities under the new regulatory framework.