Coinbase launches regulated futures for European institutions

Coinbase (COIN) announced it is launching a regulated futures trading service for users in 26 European countries, starting March 9. The service will be available on Coinbase Advanced, its platform for professional investors, and will offer both expiring and perpetual futures products. Supported assets include major cryptocurrencies like Bitcoin and Solana, as well as index futures based on the Magnificent 7 (M7). The platform will support up to 10x leverage for crypto futures and up to 5x for other products.