Coinbase Wins CFTC Approval for In-House Derivatives Clearing

Crypto Insight Summary: The new clearinghouse can handle fully collateralized contracts; Coinbase will keep outside partners for margined futures and planned single-stock perpetuals. Crypto Insight Analysis: Direction: Bullish COIN Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Approval strengthens Coinbase's market position but limited to fully collateralized contracts.