- A committee is meeting with Coinbase representatives regarding VDA regulation, while the RBI monitors the operations of crypto exchanges.
- ASIC applies guidance and Parliament passes a Digital Asset Framework, impacting Coinbase's licensing in Australia.
Coinbase seeks ASIC approval to expand stock and derivatives offerings in Australia
What happened
Coinbase applied to ASIC on October 1, 2026, for approval to conduct stock trading in Australia. The Nasdaq-listed cryptocurrency exchange plans to expand its Australian platform to include a broader range of asset classes, including potential prediction markets. The company is currently awaiting ASIC approval to offer approximately 3,800 US-listed stocks and derivatives to retail investors.
From afr.com
Why it matters
The expansion aims to bridge traditional financial products with emerging alternative assets. This move allows Coinbase to offer a wider range of investment options beyond its core cryptocurrency services.
ASIC is applying guidance and Parliament has passed a Digital Asset Framework, which affects Coinbase's licensing in Australia.
From afr.com
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- CoinbaseSpeculative
Coinbase might increase revenue and operational volume by offering traditional stock and derivatives trading.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Coinbase's stock trading plans may require APRA to adjust oversightAPRA may need to adjust oversight criteria as Coinbase expands stock tradingPossible
- Coinbase's stock trading push could boost Mastercard's stablecoin partnershipCoinbase's deeper integration into traditional finance may accelerate stablecoin standard development for MastercardPossible
- Coinbase's stock trading push may boost Visa's stablecoin initiativeCoinbase's stock trading push may boost Visa's stablecoin initiative.Possible
- Coinbase's stock trading push may influence Cathie Wood's holdingsThe expansion into regulated asset classes increases Coinbase's perceived stability and growth potential, influencing Cathie Wood's investment decisions.Possible
- Coinbase's stock trading plans could challenge Robinhood's market shareCoinbase's push into stock trading may intensify competition for Robinhood.Possible
Keep exploring
The entities involved
Related events
- Coinbase awaits clearer rules from the SEC as Chair Paul Atkins pushes innovation exemptions for tokenized assets, with Nasdaq building supporting platforms.
- Coinbase is developing an AI agent for trading strategies, which has been registered with the SEC, leading to the launch of fully backed 1:1 tokenized offerings.
- Binance, OKX, and Coinbase are facilitating tokenized stock trading and supporting tokenized asset trading.
- Armstrong endorsed SEC reforms supported by Peirce, and Ondo introduced blockchain exposure to pre-IPO.
- Coinbase, Robinhood, and Morgan Stanley are pursuing agentic trading services as tech firms challenge traditional brokerage models.