【Coinbase: From now on, US users can legally participate in crypto perpetual contract trading through the Coinbase platform】 According to a report by Jinse Finance, Coinbase officials stated that starting from July 21, 2025, US users will be able to trade CFTC-regulated perpetual futures through the Coinbase Financial Markets (CFM), marking the entry of the largest derivative type in global trading volume to the platform. Coinbase stated that for many years, US cryptocurrency traders could only watch as their international counterparts used one of the most popular tools in the digital asset market—perpetual futures. This innovative derivative offers higher leverage and eliminates the need to deal with monthly expiration dates, accounting for 90% of global cryptocurrency trading volume. Due to the complex regulatory environment, US traders have been unable to participate. But this situation is about to change.