Coinbase Derivatives Seeks CFTC Approval to Launch XRP Futures Contracts Ahead of April 2025 Debut 📈
Coinbase Derivatives has taken a significant step within the cryptocurrency landscape by applying to the U.S. Commodity Futures Trading Commission (CFTC) for the approval to introduce XRP futures contracts. This move is aimed at expanding the derivatives market offerings and is projected to launch in April 2025. The approval process will determine Coinbase's ability to offer these futures, signaling another advancement in the integration of XRP into regulated financial products.
The move by Coinbase Derivatives to seek the CFTC's approval highlights the increasing interest among institutional investors and traders in cryptocurrency derivatives. If approved, the launch of XRP futures contracts in April 2025 will mark a pivotal moment in XRP's journey within a regulated financial context.
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