Coinbase Seeks Approval for XRP Futures Contracts
- Coinbase plans to launch XRP futures contracts, pending CFTC approval.
- The anticipated launch date for the XRP futures contract is April 21, 2025.
- Coinbase has recently introduced Solana (SOL) and Hedera (HBAR) futures contracts.
- XRP is trading above $2 with minimal price fluctuation in the last 24 hours.
- Ripple settled an SEC lawsuit by agreeing to pay a reduced fine of $50 million.
Coinbase is expanding its derivatives market by seeking regulatory approval from the CFTC to offer XRP futures contracts. The launch is expected on April 21, 2025, following recent introductions of SOL and HBAR futures. Ripple’s legal settlement with the SEC includes a reduced fine of $50 million.
Source (2.6)https://cryptobriefing.com/coinbase-xrp-futures-contracts/?rand=59535
