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Akshay is a practical, commercially focused attorney who advises asset managers and other institutional market participants with respect to the trading and regulation of securities, over-the-counter and exchange-traded derivatives, and structured products.

Yesterday, Coinbase Financial Markets, Inc., a leading cryptocurrency exchange, announced that it has secured regulatory approval from the National Futures Association (NFA) to operate a futures commission merchant offering crypto futures on its platforms. The NFA is the self-regulatory organization for the U.S. derivatives industry, designated by the Commodity Futures Trading Commission (CFTC). According to Coinbase, its application has been pending since 2021.