Coinbase Launches International Perpetual Futures Exchange

Hello friends,

I am doing good, and I hope that you are having a good time with your near and dear ones.

This was expected that some U S exchanges will start moving out of the country because of the regulatory challenges over there. The last few months have not been good for crypto companies in America, and all these have started because of some regulatory issues created by the authorities. While the authorities are questioning the crypto companies about various things but even they are not sure about the guidelines on which they are questioning the exchanges. This is funny because in an idle scenario, the government should increase the companies to follow the guidelines they have created, and they should always have the answers related to any question about the guidelines.

src

Gemini is another exchange that is also working on launching a platform that will not be for the US but this will be available for many other countries. Similarly, Coinbase has also launched an international exchange with futures trading and now we can say that two exchanges have gone outside the US. It seems like the US as a country is missing the crypto revolution because their companies are looking for options outside the country.

It can be a different start by such leading crypto companies which are doing very well in the segment and as a benefit maybe some other countries will try to grab this opportunity. It is a difficult time for the users in the US possibly because now they are losing the earlier available access but now because of the restriction situations will be changed. The market itself is in a better situation now and probably we can expect a better situation by the end of this year or the next year. It can also be a situation when such companies are trying to build a base before the next cycle, and they do not want to go through any problems at that time.

Thank you.

Posted Using LeoFinance Alpha