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Coinbase Seeks SEC Approval for Stock Perpetual Contracts

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Coinbase has taken a significant step in expanding its offerings beyond cryptocurrency by filing with the SEC to register a derivatives exchange and broker.

The goal is to offer perpetual contracts tied to individual U.S. stocks, allowing traders to bet on equities with leverage 24/7, even when traditional markets are closed.

Coinbase's plans aim to bring the crypto-style trading model to traditional markets, marking a significant milestone in the adoption of crypto derivatives products in the U.S.

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