{"id":4506,"date":"2023-05-02T18:12:43","date_gmt":"2023-05-02T18:12:43","guid":{"rendered":"http:\/\/ci02be40c44000252d"},"modified":"2023-05-02T18:12:43","modified_gmt":"2023-05-02T18:12:43","slug":"coinbase-introduces-international-exchange-with-bitcoin-perpetual-futures","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/markets\/coinbase-introduces-international-exchange-with-bitcoin-perpetual-futures","title":{"rendered":"Coinbase Introduces International Exchange In Bid To Expand Beyond U.S. Markets"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p>Cryptocurrency exchange Coinbase has launched \u201cCoinbase International Exchange,\u201d a move reinforcing the company\u2019s hints of increased investment into territories outside the U.S.<\/p>\n<p>The platform aims to enable institutional investors based in eligible jurisdictions outside the U.S. to trade perpetual futures. The exchange, which is settled in USDC, allows for direct access trading via API for institutional clients in eligible, non-U.S. jurisdictions. Coinbase&#8217;s <a href=\"https:\/\/www.coinbase.com\/blog\/introducing-coinbase-international-exchange\" target=\"_blank\" rel=\"noopener\">states<\/a> that the International Exchange also provides a high standard of customer protection, a robust risk management framework, and high-performance trading technology.<\/p>\n<p>&#8220;Building out a global perpetual futures exchange for digital assets will help support an updating of the financial system by making Coinbase\u2019s trusted products and services more accessible to users of digital assets who live outside of the US,&#8221; Coinbase said.<\/p>\n<p>The new exchange\u2019s BTC perpetual futures contracts offer up to 5x leverage. <\/p>\n<p>First <a href=\"https:\/\/bitcoinmagazine.com\/business\/coinbase-potentially-looking-at-an-overseas-exchange\">signs of the introduction<\/a> of an international platform came about in March, when a source cited in a Bloomberg <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-03-17\/coinbase-coin-in-talks-over-crypto-trading-platform-outside-the-us#xj4y7vzkg\" target=\"_blank\" rel=\"noopener\">report<\/a> detailed \u201cthe possibility of establishing an alternative venue \u2014 away from the main Coinbase marketplace \u2014 for global clients.\u201d<\/p>\n<p>Not long after, in April, <a href=\"https:\/\/bitcoinmagazine.com\/business\/americas-largest-bitcoin-exchange-is-considering-leaving-the-country\">Coinbase CEO Brian Armstrong said<\/a> that \u201cI think if a number of years go by where we don\u2019t see regulatory clarity emerge in the U.S., we may have to consider investing more in other regions of the world,\u201d potentially hinting at the development of further platforms dedicated to serving those outside of America.<\/p>\n<p>\u201cRest assured that Coinbase is committed to the US,\u201d the company\u2019s statement says, \u201cbut countries around the world are increasingly moving forward with responsible crypto-forward regulatory frameworks to strategically position themselves as crypto hubs.\u201d<\/p>\n<p>The company, along with various other U.S. cryptocurrency firms, have faced increased scrutiny from American regulators like the SEC and CFTC. The release of Coinbase\u2019s International Exchange shows that investment in the industry will continue to be attracted to the friendliest jurisdictions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The largest cryptocurrency exchange in America is now offering perpetual futures to residents in eligible jurisdictions.<\/p>\n","protected":false},"author":2730,"featured_media":3089,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[190,357,867,93],"class_list":{"0":"post-4506","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-coinbase","9":"tag-exchanges","10":"tag-futures","11":"tag-news"},"author_data":{"id":2730,"name":"BtcCasey","nicename":"casey","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/02\/jn_tjlo_400x400.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/bitcoin-to-the-moon.png","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/4506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2730"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=4506"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/4506\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/3089"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=4506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=4506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=4506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}