Coinbase has received a derivatives clearing organization license from the U.S. Commodity Futures Trading Commission, allowing it to clear fully collateralized futures, options on futures and swaps internally rather than relying on a third-party clearer. The approval could also support Coinbase’s USDC-collateralized futures partnership with Nodal Clear, announced in June last year. The CFTC has not disclosed which underlying assets or swap types Coinbase may clear, Odaily reported.