Coinbase Submits Recommendations to CFTC on New U.S. Crypto Market Rules 🇺🇸

Coinbase has formally submitted policy recommendations to the CFTC, urging clearer rules for DeFi, stablecoins and integrated crypto platforms as the agency reviews U.S. digital asset regulations.

🔑 Key Highlights

✅ Coinbase calls for clearer regulation of DeFi, stablecoins and all in one platforms

✅ Exchange supports using stablecoins as collateral to boost derivatives market liquidity

✅ Coinbase praises the CFTC’s engagement as key to safe and innovative crypto policy

Why it matters

Coinbase filed detailed recommendations with the Commodity Futures Trading Commission as part of the agency’s request for feedback on the President’s Working Group Report on Digital Assets. Chief Policy Officer Faryar Shirzad shared portions of the submission on X, saying the proposals focus on enabling innovation while reducing unnecessary risk.

Coinbase argues the U.S. needs clear, modernized rules for crypto derivatives, stablecoins and all in one trading platforms. The exchange says such platforms can reduce costs and improve efficiency for users, but strong conflict of interest protections must remain in place.

The recommendations follow the CFTC’s landmark move allowing Polymarket to operate as a U.S. exchange, signaling growing regulatory acceptance of new crypto market structures.

Coinbase also urged the CFTC to create a practical framework for DeFi derivatives, noting rapid growth in decentralized trading. The company emphasized that DeFi markets must be regulated in a way consistent with long standing CFTC principles.

A major part of Coinbase’s proposal centers on stablecoins. The exchange recommends that stablecoins be accepted as collateral in futures markets to improve liquidity and support 24/7 settlement. This aligns with the CFTC’s recent initiative exploring stablecoin collateral for derivatives clearing.