Coinbase News: Positive Developments and Anticipation for Tokenized Securities

Stay updated with the latest happenings at Coinbase, one of the leading cryptocurrency exchanges. Here’s a summary of recent positive developments and future anticipations for the company.

Public Keys: Coinbase IRL and Gemini Wants Bitcoin Believers to Look Up

Public Keys is a weekly roundup from Decrypt that tracks publicly traded crypto companies. This week’s focus is on Coinbase, which is experiencing positive developments including the dropping of a lawsuit in Vermont and approval to offer services in India. There is also anticipation around Coinbase potentially offering tokenized securities. Additionally, Decrypt mentions its Art, Fashion, and Entertainment Hub called SCENE.

Coinbase Seeks CFTC Approval for Cardano and Natural Gas Futures

Coinbase has submitted a request to the U.S. Commodity Futures Trading Commission (CFTC) for approval to launch futures contracts on Cardano (ADA) and Natural Gas (NGS). If approved, these futures contracts will be listed on March 31, expanding Coinbase’s offerings into both the crypto and energy markets. ADA futures will allow traders to speculate on Cardano’s price without holding the asset, while NGS futures will position Coinbase in commodity markets. This move is part of Coinbase’s efforts to cater to a wider range of traders.