Coinbase Seeks CFTC Approval for Equity Perpetuals Amid CLARITY Act Uncertainty

Coinbase Global, Inc. (NASDAQ:COIN) is pushing for US equity perpetuals, pending approval from the Commodity Futures Trading Commission (CFTC). This comes as the company filed with the SEC to offer these products in the U.S.

The CFTC sign-off is required next for the product to launch. Reuters reports that Coinbase has filed with the SEC to offer equity perpetuals, and the company's regulatory path may be impacted by Senate action on the CLARITY Act.

On September 15, the Senate held a procedural vote on the CLARITY Act, which could reshape Coinbase's regulatory regime. This might affect institutional product rollouts and stablecoin offerings.