Coinbase Secures Australian Financial Services License, Will Offer Cryptocurrency and Stock Perpetual Futures Trading

BlockBeats News, April 8, According to official sources, Coinbase Australia Pty Ltd has obtained an Australian Financial Services License (AFSL) granted by the Australian Securities and Investments Commission. With this key step, Coinbase will offer cryptocurrency and stock perpetual contracts to Australian users, followed by the launch of futures and options.

As part of expanding its all-in-one trading platform, Coinbase will compete with traditional financial services (such as stock trading, payments, and other traditional financial products) through the Coinbase app, leveraging the speed and execution of crypto assets.