Coinbase can offer U.S. customers access to offshore crypto perpetual futures, a risky form of leveraged crypto trading, the CFTC said Friday.

The Commodity Futures Trading Commission has now established a stance on how regulated U.S. firms can engage in crypto perpetual futures contracts.

The CFTC enabled the first bitcoin perpetual futures on a regulated US exchange via Bitnomial, with Coinbase Derivatives following shortly after with nano BTC and ETH perp…