Crypto
💹Robinhood Brings High-Leverage Crypto Perps to the US
The Rundown: Robinhood launched US crypto perpetual futures with up to 10x leverage, while Coinbase secured CFTC approval for its clearinghouse.
The details:
- ●Robinhood launched US crypto perps with up to 10x leverage on BTC/ETH and 3x on SOL, XRP, DOGE, ADA, LINK, and HYPE via CFTC-registered Robinhood Derivatives and Bitstamp.
- ●Coinbase won CFTC registration for its own derivatives clearinghouse and added HYPE and ZEC as collateral for Morpho-powered USDC loans up to $100,000.
- ●House Oversight expanded its prediction-market insider-trading probe to Hyperliquid, Crypto.com, and PredictIt owner Aristotle Exchange.
Why it matters: Regulatory registration is becoming the key factor determining where crypto leverage and volume flow. This move by Robinhood and Coinbase could reshape the competitive landscape for crypto derivatives.
📰 Source: The Defiant