Coinbase will restart Coinbase Pro at the end of the year and complete Deribit integration

The formation of Coinbase Global Exchange marks the completion of the integration of cryptocurrency exchange Coinbase with Deribit, and the platform will restart Coinbase Pro services before the end of this year. During the Token2049 Singapore event, Coinbase disclosed that its U.S. regulated futures commission provider Coinbase Financial Markets was about to access the global crypto derivatives liquidity pool. This move created a first in market history-the first time that a single liquidity connection between the U.S. and international derivatives markets was achieved. Regulatory guidance issued by the U.S. Commodity Futures Trading Commission (CFTC) in May provides a compliance basis for this operation.