Coinbase Now Owns Every Layer of Its Derivatives Stack After CFTC Approval

Crypto Insight Summary: Coinbase Clearing will take USDC as collateral and settle around the clock, though margined products stay with partners. Crypto Insight Analysis: Direction: Bullish COIN Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Full derivatives stack ownership enhances COIN's market positioning and revenue potential.