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Coinbase wins UK approval for stock trading

Coinbase, a Nasdaq-listed US crypto exchange, said it won UK regulatory approval to add equities and derivatives, including stock trading for UK retail users.

The approval also lets UK institutional and advanced traders access crypto, equity, and commodity perpetual futures, Coinbase said in a blog post.

Retail access to crypto derivatives remains restricted because the Financial Conduct Authority bans sales of crypto derivatives to retail consumers.

The authorization adds to Coinbase’s UK e-money license and cryptoasset registration, granted in February 2024, which let the company provide crypto and fiat services in the country.

It also expands products Coinbase already offers in other markets.

The move brings Coinbase closer to UK platforms such as IG, which already offers both crypto and traditional securities on one platform.

The expansion comes as the UK’s crypto regime is due to come into force in 2027, with a Treasury policy note pointing to October 2027 for some permissions and late 2027 for fuller implementation.

🔗 Source: CoinDesk

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