{"id":154673,"date":"2025-04-04T17:00:48","date_gmt":"2025-04-04T14:00:48","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=154673"},"modified":"2025-04-04T16:15:14","modified_gmt":"2025-04-04T13:15:14","slug":"coinbase-seeks-cftc-approval-for-xrp-futures-amid-regulatory-shifts","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/coinbase-seeks-cftc-approval-for-xrp-futures-amid-regulatory-shifts\/","title":{"rendered":"Coinbase Seeks CFTC Approval for XRP Futures Amid Regulatory Shifts"},"content":{"rendered":"

This decision<\/a><\/strong> marks a significant step for Coinbase, as it seeks to provide a regulated and efficient way for investors to gain exposure to XRP, one of the most liquid digital assets. The filing indicates that the new contract could launch as early as April 21.<\/p>\n

The proposed XRP futures contract will be monthly, cash-settled, and margined, trading under the symbol XRL. Each contract will represent 10,000 XRP and settle in US dollars. Trading will cover the current month plus the following two months. To manage volatility, trading will be paused if the spot XRP price fluctuates more than 10% within an hour.<\/p>\n

Coinbase\u2019s decision to file comes after the CFTC took a more accommodating stance on crypto derivatives, easing previous regulatory barriers. This development has boosted institutional confidence, particularly following Ripple\u2019s recent regulatory victory that clarified XRP\u2019s status. Notably, Coinbase has already engaged with Futures Commission Merchants (FCMs) to gain support for the launch.<\/p>\n