Coinbase has obtained a CFTC license. The prediction market space is becoming increasingly standardized and more compliant, but you still need to take the high-risk warning seriously.

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CryptoWorld News: Coinbase posted on X platform that Coinbase Financial Markets is a registered futures commission merchant with the CFTC and is a member of the NFA. The relevant content does not constitute investment advice, nor does it constitute advice to trade specific contracts or adopt specific strategies. Futures contracts are high-risk products, and investors may lose their entire investment; payouts depend on specific events.
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