Category: Cryptocurrency

March 29, 2022 BY Steffy Bogdanova

CME Group expands crypto derivatives offerings with Micro Bitcoin and Micro Ether options

Bogucki added: The smaller contract sizes will give investors and traders greater flexibility in managing their exposure to the two biggest cryptocurrencies in the world, opening the market up to new participants. Galaxy Digital is excited to act as a liquidity provider for these options and other CME Group cryptocurrency products. Derek Devens, Senior Portfolio…

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TradeStation
March 25, 2022 BY Steffy Bogdanova

TradeStation announces crypto trading services in Puerto Rico

TradeStation Crypto aggregates multiple liquidity pools into a consolidated market data feed. This is combined with an intelligent order-routing system which gives the company’s customers better visibility and trade execution, a different strategy than some other crypto exchanges. Additionally, TradeStation customers can own cryptocurrency in a TradeStation Individual Retirement Account (IRA). Traders in Puerto Rico…

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TP ICAP
March 22, 2022 BY Steffy Bogdanova

TP ICAP adds market maker Hudson River Trading to its Digital Assets Spot platform

The new platform will launch once its registration process with the UK Financial Conduct Authority is complete. It will leverage the increasing demand from TP ICAP clients to trade spot cryptoassets. Additionally, the platform includes post-trade infrastructure providing straight through processing (STP) and payment netting services for settlement of trades across a network of digital…

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FTX opens Australia business unit
March 21, 2022 BY Steffy Bogdanova

Crypto exchange FTX launches operations in Australia

Australia a is a significant growing market for FTX.  The company highlighted that the launch of FTX Australia shows the its long-term commitment to the local market and represents the natural next step in the FTX's global expansion. Last week, FTX  announced obtaining a license to establish and operate its Virtual Asset Exchange and Clearing…

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LMAX Group partners with SIX
March 17, 2022 BY Steffy Bogdanova

LMAX Group partners with SIX to launch crypto futures

Javier Hernani, Head Securities Services, SIX, said: This is a major milestone for SIX from several perspectives. We are making substantial progress according to our digital asset clearing strategy and are expanding our portfolio of cleared asset classes. At the same time, we have the opportunity to bring our Swiss and Spanish infrastructure strengths together…

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FTX Dubai
March 15, 2022 BY Steffy Bogdanova

FTX Europe obtains license to operate Virtual Asset Exchange in Dubai

FTX CEO, Sam Bankman-Fried, commented: FTX is proud to be the first licensee under Dubai's prudential supervision regime. It's an honor to be one of the first approved applicants in such a specialised category and we are excited to be able to introduce complex crypto-derivatives products with centralised counterparty clearing to institutional markets. FTX receiving…

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March 15, 2022 BY Steffy Bogdanova

EU parliament committee rejects crypto proof-of-work ban

Bitcoin, however, is unlikely to follow suit as it has no other reason to switch to PoS. The committee voted to add cryptocurrencies that use PoW to the EU sustainable finance taxonomy which decides whether something can be labelled environmentally friendly by the end of 2024. Last year, the Swedish FI called for ban of…

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March 07, 2022 BY Steffy Bogdanova

Crypto exchange FTX secures CySEC approval to operate in Europe

Currently headquartered in Switzerland, FTX Europe has an additional regional headquarter in Cyprus. The company noted that it will devote “significant resources” in developing strong relationship with the regulatory authorities. Patrick Gruhn, Head of FTX Europe, concluded: We're excited to bring FTX's innovative offerings to the European markets and that CySEC officially approved our domain.…

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