[Coinbase Plans to Offer 24/7 Single-Stock Perpetual Contracts to U.S. Users, Pending CFTC Approval] Odaily Planet Daily News – Cryptocurrency exchange Coinbase, through its subsidiaries Coinbase Derivatives and Coinbase Financial Markets, submitted Form 1-N and Form BD-N to the U.S. Securities and Exchange Commission (SEC) on September 1, proposing to launch single-stock perpetual contracts in the U.S. Coinbase Chief Policy Officer Faryar Shirzad stated that the next step for the related product is to obtain approval from the U.S. Commodity Futures Trading Commission (CFTC). The two filings pertain to registration as a securities futures exchange and a limited-purpose securities futures broker-dealer, respectively. Since March 20, Coinbase has been offering 10x leveraged perpetual contracts for stocks such as Apple, Nvidia, and Tesla to non-U.S. users, settled in USDC and supporting 24/7 trading. U.S. users were explicitly excluded from this product previously. (Bitcoin.com News)