Coinbase is rolling out perpetual futures trading for retail users outside the US.

Coinbase, the popular cryptocurrency exchange, has announced the global expansion of its services, including the introduction of perpetual futures trading for retail customers outside the United States. The company’s international arm, Coinbase International Exchange, has obtained approval from the Bermuda Monetary Authority to offer perpetual futures contracts to qualified non-U.S. customers.

The move comes as Coinbase faces ongoing legal challenges from the US Securities and Exchange Commission (SEC). Despite this, Coinbase remains committed to driving innovation in the crypto industry and shaping global regulations.

Coinbase plans to launch its regulated perpetual futures contracts on the Coinbase Advanced platform in the coming weeks. The company’s “Go Broad, Go Deep” strategy emphasizes collaboration with regulatory authorities worldwide to establish a crypto regulatory framework that promotes innovation while ensuring compliance.

By expanding access to perpetual futures contracts for non-U.S. customers, Coinbase aims to provide greater economic freedom and opportunity for users worldwide. The Exchange believes that shaping the legal framework in various jurisdictions is crucial to updating the global financial system.

In its blog post, Coinbase highlights the importance of being a trusted and secure choice for crypto traders. The perpetual futures contracts offered by Coinbase International Exchange have been built with rigorous compliance standards. These contracts have already seen over $5.5 billion in notional trading volume from institutional investors in the second quarter of this year.

Coinbase International Exchange adheres to the regulatory framework established by the Bermuda Monetary Authority, ensuring high-risk management standards, compliance, and user protections. The Exchange aims to differentiate itself from other platforms facing regulatory challenges and position itself as a reliable option for retail traders.

Non-U.S. retail traders can now verify their eligibility for perpetual futures on the Coinbase Advanced platform. Coinbase’s global expansion plans demonstrate its commitment to providing access to innovative financial products while working with regulatory authorities to shape the industry’s future.

As Coinbase continues to navigate its legal battles with the SEC in the United States, its international expansion allows the Exchange to reach a broader customer base and diversify its offerings. By collaborating with global regulators, Coinbase aims to establish a crypto regulatory framework that balances innovation and investor protection.

While Coinbase has declined to comment further on the announcement, its commitment to working with regulators and providing secure trading options signals its determination to remain a leader in the crypto industry. As the demand for cryptocurrency trading grows globally, Coinbase‘s move to offer perpetual futures to non-U.S. customers positions it as a key player in the evolving financial landscape.