Timeline
- 8.5
CFTC Clears Bitcoin Perpetual Futures for US Markets - CoinMarketCap
According to CoinMarketCap, the CFTC has cleared Bitcoin perpetual futures for US markets, opening regulated domestic access to a crypto derivatives product that had until now traded almost exclusively offshore. Perpetual futures are the dominant crypto derivatives product globally but have been effectively unavailable on US-supervised venues, so clearing them expands the product scope and market access available to US-regulated trading venues. The source item is a headline only and does not specify leverage limits, which venues are eligible, or an effective date for the product.
- 7.0
Coinbase, Robinhood, Circle could be early winners of SEC's tokenized-stock push, analysts say
Goldman Sachs and Citizens analysts said the SEC's five-year innovation exemption could benefit Coinbase, Robinhood and Circle by allowing qualifying tokenized U.S. stocks to trade through automated market makers on public blockchains. They noted Robinhood must add shareholder rights and other features to make its stock tokens compliant, while trading caps, issuer opt-outs and technical limits are expected to protect traditional exchanges from significant competition.
- 7.0
Kalshi seeks CFTC approval for stock perpetuals
According to Crypto News, Kalshi seeks CFTC approval for stock perpetuals.
- 7.5
Kalshi files with SEC and CFTC for US single-stock perpetual futures
Kalshi filed a proposed rule change with the SEC and submitted it to the CFTC on Friday to offer perpetual futures tied to individual US stocks, with the CFTC having not yet approved the proposal. The filing landed the same day Coinbase submitted a separate proposal for single-stock perpetual futures, and Kraken parent Payward filed through Bitnomial Exchange for similar products. If approved, the products would import a leverage format that is standard in crypto markets — perpetual contracts with funding payments — into US single-stock trading, potentially reshaping how US traders express leveraged equity views. The parallel filings from Kalshi, Coinbase and Bitnomial signal that crypto-native venues are positioning for equity derivatives as their core derivatives business matures. The proposed contracts would carry no preset expiration date and would use periodic funding payments between long and short positions to keep prices aligned with the underlying stocks; Kalshi said they would be treated as security futures products and cleared through its CFTC-registered clearinghouse, Kalshi Klear. Payward said it plans to start with perpetual futures on 10 US equities including Tesla, Nvidia, Apple, Microsoft and Amazon, and is working toward 24/5 trading.
- 7.5
Coinbase Files with CFTC for Single-Stock Perps on Apple, Tesla, Nvidia
Coinbase Derivatives has filed with the U.S. Commodity Futures Trading Commission (CFTC) to list cash-settled perpetual futures tied to individual U.S.-listed stocks and ETFs, including Apple, Tesla and Nvidia, according to a Wall Street Journal report. The filing extends Coinbase's domestic perpetual-futures push from equity indexes to single securities. If approved, this would mark one of the first U.S.-regulated venues offering perpetual futures on individual equities, blurring the line between crypto-native derivatives and traditional stock trading. It signals that major crypto exchanges are competing for equity-linked flow, which could reshape market structure and pull new institutional and retail participants onto 24/7 venues. The proposed contracts are cash-settled and perpetual, meaning they carry no expiry date and instead rely on periodic funding payments to track the underlying stock price. The filing follows Coinbase's existing broad derivatives lineup, which already includes crypto futures, a Mag7+Crypto index product, and 24/7 bitcoin and ether futures trading, and the products are not yet approved or live.
- 7.5
Bybit Plans European 'Super-App' Combining Stocks, Derivatives and Crypto
Bybit, one of the world's largest crypto exchanges by trading volume, announced plans to launch a European "super-app" that would let users trade stocks and derivatives alongside crypto in a single platform. The move marks an expansion of Bybit's product suite beyond its core crypto spot and derivatives business into the EU market. This is a product-expansion and market-structure play: it blurs the line between crypto exchanges and traditional brokerages in Europe, putting Bybit in direct competition with EU neobrokers and other trading platforms for retail order flow. It also signals that major exchanges increasingly see multi-asset "super-apps" as the growth path now that pure crypto trading has become a crowded, fee-compressed business. The offering combines equities and derivatives with crypto under one interface, and derivatives are leveraged instruments whose retail distribution in the EU is constrained by leverage caps and suitability rules, so the product design will hinge on which licenses Bybit holds in which member states. The success of such an app also depends on execution quality, custody arrangements and how assets are segmented across brokerage and crypto entities.
- 7.5
Bybit Adds 24/7 FX Majors to Crypto Derivatives Account
Bybit has expanded its crypto derivatives account to include 24/7 trading of major FX pairs, allowing users to trade traditional currencies alongside digital assets. The announcement was reported by TradingView. This move bridges traditional forex and crypto derivatives, giving traders diversified exposure without leaving a crypto-native platform. It reflects a wider trend where crypto exchanges are integrating traditional assets to attract institutional and retail liquidity. Bybit's FX offering includes majors such as EUR/USD, GBP/USD, USD/JPY, AUD/USD, and USD/CAD, accessible within the derivatives account. The platform also supports CFD trading on currencies, metals, indices, and stocks via MetaTrader 5, with competitive fees and 24/7 customer support.
- 7.5
Coinbase Launches Regulated BTC, ETH and SOL Derivatives in Canada
Coinbase has launched regulated crypto derivatives in Canada, giving eligible users access to perpetual and dated futures on Bitcoin (BTC), Ether (ETH), Solana (SOL) and other assets. The launch covers 23 futures contracts and supports leverage up to 10x. This marks one of the largest regulated crypto derivatives offerings for Canadian retail and institutional clients, expanding Coinbase's 'Everything Exchange' strategy beyond spot trading. Broader derivatives access can deepen market participation and give traders regulated hedging tools for BTC, ETH and SOL. According to reports, the derivatives suite includes 23 futures contracts and leverage up to 10x. The products are offered only to eligible Canadian users and are subject to Canada's regulated derivatives framework.
- 7.5
Coinbase Files to Offer Stock Perps as Security Futures Amid CME Lawsuit
Coinbase has filed to list perpetual futures on domestic U.S. stocks as security futures, a product classification that brings it under securities and futures regulation. The launch is clouded by a CME lawsuit over the move. The filing could bring crypto-style 24/7 perpetual trading to equities from a major U.S. exchange, potentially reshaping how investors access stock exposure. A legal challenge from CME adds regulatory and market-structure uncertainty that could delay or alter the product. Stock perps are typically USDC-settled perpetual contracts whose prices track listed equities, allowing exposure without owning the underlying shares. Categorizing them as security futures would put the product under the joint oversight of the SEC and CFTC and may involve special margin and trading rules.
- 7.5
Coinbase Launches Direct Native Crypto Futures in Canada
Coinbase has become the first major crypto-native platform to offer direct native crypto futures in Canada. The launch brings crypto derivatives trading to Canadian users through a major regulated exchange. This expands derivatives access for Canadian retail and institutional traders through a major US-listed crypto exchange, signaling continued international growth of regulated crypto derivatives. It also strengthens Coinbase's competitive position in Canada's evolving crypto market. Native crypto futures often differ from traditional expiring futures; for example, crypto-native perpetual contracts have no expiration date and use funding rates to keep prices aligned with the underlying asset. The launch reportedly gives Coinbase a first-mover advantage over other major global platforms that have not yet offered this direct product in Canada.
- 8.0
Coinbase launches regulated crypto derivatives in Canada
Coinbase has launched crypto derivatives trading in Canada, offering eligible customers perpetual and dated futures on Bitcoin, Ether, Solana and other assets. The service, introduced via Coinbase Financial Markets, includes 23 crypto futures, five commodity futures and the Coinbase 50 Index, and is billed as the first native crypto futures offering from a major crypto-native platform in the country. This expands regulated derivatives access in Canada, a market where crypto ownership has risen sharply, and positions Coinbase ahead of other crypto-native competitors. It also shows U.S. crypto platforms treating Canada as a viable regulated expansion market even as broader regulatory pressure increases. Access is limited to eligible Canadian clients, including individuals with at least $5 million in net financial assets and registered investment advisers and dealers. The contracts use nano-sized positions, offer up to 10x leverage, and the offering also includes commodity futures and the Coinbase 50 Index.