The authorisation allows the firm to offer derivatives for institutional and advanced traders, covering crypto, equity and commodity perpetual futures.

Coinbase has obtained United Kingdom (UK) authorisation under the Markets in Financial Instruments Directive (MiFID), enabling the cryptocurrency exchange firm to provide regulated investment services in the country. The license sits within Coinbase’s UK entity alongside its existing e-money license and crypto registration The license expands Coinbase’s UK offering beyond crypto to include traditional financial instruments and offers retail users to trade equities on the platform