Multi-trillion-dollar offshore engine driving 90% of crypto trading arrives in America – and CME is suing to crush it

Coinbase began offering US perpetual-style futures on its CFTC-regulated derivatives exchange, starting with nano Bitcoin and Ethereum contracts that track spot prices, carry embedded leverage, and trade around the clock. This is a financial product that's responsible for most of the crypto leverage in the world, and it's now crossed into the US market. Aside […] The post Multi-trillion-dollar offshore engine driving 90% of crypto trading arrives in America – and CME is suing to crush it appeare