Coinbase’s Gamble on Futures Contracts for Altcoins Raises SEC Eyebrows

A member of the crypto community pointed out that Coinbase has formally submitted a proposal to the Commodity Futures Trading Commission (CFTC) regarding the introduction of futures contracts for Dogecoin, Litecoin, and Bitcoin Cash. Directed to CFTC Secretary Christopher Kirkpatrick in a letter dated March 7, Coinbase outlined comprehensive details about these proposed contracts, including...