Coinbase Launches Regulated Crypto Futures in Europe

Coinbase, a leading cryptocurrency exchange, has launched regulated futures trading for its Advanced users across 26 European countries, including Germany, France, and the Netherlands. The rollout, announced on Monday, provides access to a range of crypto and equity-linked derivatives through the company's Markets in Financial Instruments Directive, or MiFID, compliant entity.

The new offerings include futures contracts tied to major cryptocurrencies such as Bitcoin, Ethereum, and Solana, as well as equity index products like the Mag7 Crypto Equity Index Futures. This index combines exposure to the so-called Magnificent Seven stocks—Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla—with crypto-linked equities and BlackRock iShares exchange-traded funds connected to Bitcoin and Ether. Traders can access these products via the Coinbase Advanced platform, which requires users to complete eligibility checks, including assessments of trading experience and know-your-customer verification. Accounts can be funded with euros or USDC.

Coinbase structured the futures into two cash-settled formats to suit different strategies. Perpetual-style contracts feature five-year expiries,...