The U.S. regulator overseeing derivatives markets took action against three firms, one of which had previously employed a lawyer later appointed to lead its technology research division at the CFTC.
The authorization establishes Coinbase as the pioneering crypto-centric platform to provide regulated and leveraged cryptocurrency futures in conjunction with conventional spot trading.
CME reported a persistent rise in institutional interest in Bitcoin futures during the quarter, as investors actively sought regulated platforms and products to hedge against escalating market volatility and effectively manage risk and exposure.
The recent Australian investigation targeting Binance employees outside their workplace is just one of many legal challenges confronting the world's largest cryptocurrency exchange.
Open interest has experienced a remarkable upswing, reaching an impressive $11 billion, marking its highest level in over a year.
The draft legislation put forth by prominent committee chairs stands as the most consequential proposal of the year, outlining potential measures for the federal government to establish safeguards within the digital assets industry.