The U.S. Securities and Exchange Commission approves binary options linked to trading volume of Coinbase and Bitcoin production
2026-10-15 14:59:10
CoinMeta Data: The U.S. Securities and Exchange Commission (SEC) has approved the listing of binary options linked to company performance indicators, allowing investors to trade contracts based on trading volume and the production of Bitcoin mining companies. SEC Chair Paul Atkins stated in a statement on October 13 that the commission voted to approve a change to securities trading rules covering standardized options related to key performance indicators reported by listed companies. These contracts allow traders to bet on whether specific financial or operational targets will be met, and if the conditions are satisfied at contract expiration, they will be settled in cash. Companies covered by the proposal include [company names], [company names], and Bitcoin miners [company name]. The qualified performance indicators for [company name] include total trading volume and trading revenue, among others. Investors can use these new contracts to trade on whether [company name] will report numbers above or below specified thresholds during a particular reporting period. The approval requires that the new products operate within the existing securities trading framework.
Source:Cryptonews
This content is for market information only and does not constitute investment advice.
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