Coinbase Launches Perpetual Futures Contracts in Europe

Coinbase has expanded its regulated product offerings in Europe by launching new futures contracts for Coinbase Advanced users in 26 countries, including Germany, France, and the Netherlands, operating under its MiFID entity. The new lineup includes perpetual-style futures and dated contracts tied to assets like Bitcoin and Solana, as well as a unique Mag7 + Crypto Equity Index Futures product combining exposure to the Magnificent Seven stocks and crypto ETFs. Traders can access leverage up to 10x on select contracts. This launch occurs shortly after the European Securities and Markets Authority (ESMA) warned that many perpetual derivatives might fall under existing CFD rules, imposing stricter regulations. Coinbase views this as a significant step toward its goal of becoming an "exchange for everything."

(Source：Cointelegraph)