Coinbase has launched CFTC-regulated perpetual futures for US retail traders, providing an onshore alternative to offshore derivatives giants. Key Takeaways: Coinbase has launched CFTC-regulated nano BTC and ETH perpetual futures. The new products offer up to 10x leverage for US retail traders. Coinbase plans to expand its product lineup, targeting more cryptocurrencies. The launch introduces…
Nasdaq-listed Mercurity Fintech announced a $200 million Equity Line of Credit Agreement with Solana Ventures to launch a Solana-based treasury strategy, but Solana Ventures immediately denied any involvement. In an X post, Solana Venture stated it is “not affiliated or involved with any equity line of credit agreements with any publicly listed companies.“ Solana Ventures…
Western Union is positioning itself for a new phase of digital transformation, signaling strong interest in using stablecoins to modernize its global remittance operations. Key Takeaways: Western Union is exploring stablecoins to reduce remittance costs and improve service. The company is running settlement pilots and considering a crypto wallet. The GENIUS Act passage could pave…