Coinbase plans to add stocks and derivatives in Australia
- —The proposal covers about 3,800 US-listed stocks plus derivatives
- —Expansion requires approval from Australia's ASIC
- —Products would target both retail and institutional users
- —No timeline for regulatory decision or launch was disclosed
Why it matters: If ASIC approves, Coinbase would become a multi-asset platform in Australia, intensifying competition with local brokers.
Source: DiarioBitcoin