OUTSIDE US

Summary from the TLDR Crypto newsletter

Coinbase has received approval from the Bermuda Monetary Authority to provide non-US retail customers with perpetual futures trading services. The announcement comes after the cryptocurrency exchange ramped up its institutional trading services and handled over $5.5 billion in futures trading volume in Q2 this year. The move is part of Coinbase's international strategy called “Go Broad, Go Deep”, which targets regulators in 24 countries where it plans to create a global regulatory framework.