Is Coinbase a CFTC regulated exchange?
Could you elaborate on whether Coinbase, a leading cryptocurrency exchange platform, is indeed regulated by the Commodity Futures Trading Commission (CFTC)? Given the significance of regulatory oversight in the financial industry, particularly in the emerging field of cryptocurrencies, it's crucial to understand the extent of Coinbase's compliance with regulatory frameworks. Does Coinbase's status as a regulated exchange provide investors with additional assurance in terms of security, transparency, and consumer protection? Please elaborate on the specific nature of CFTC regulation, if any, and its implications for Coinbase users.