Coinbase has launched regulated crypto derivatives in Canada for eligible traders. As reported by Cointelegraph, they have access to perpetual and dated futures with leverage of up to 10 times.

The significance of the event lies in the expansion of the toolkit for Canadian cryptocurrency market participants and the increased presence of major U.S. trading platforms in the country. However, the source does not disclose the number of eligible clients, the list of assets, or the exact trading conditions.

The data is based on a synopsis of a Cointelegraph publication, rather than the full text or a direct statement from Coinbase. Therefore, details regarding regulation, launch timelines, and the reaction of the Canadian market cannot yet be confirmed.