[Coinbase Approved to Provide Crypto Derivatives Trading Access for U.S. Customers] According to a report by Jinse Finance, on May 29, Coinbase announced that it has become the first and currently the only futures commission merchant (FCM) regulated by the U.S. Commodity Futures Trading Commission (CFTC) to offer U.S. customers access to the global crypto derivatives market, including crypto perpetual contracts and options. Previously, U.S. institutions could only trade crypto products derived from domestic futures markets, lacking access to global markets. Through a single CFTC-regulated FCM, Coinbase Financial Markets provides U.S. institutional clients with compliant access to global crypto options and perpetual contracts, including integration with platforms such as Deribit.