FTX Withdraws US CFTC Derivatives Clearing Plan: Bloomberg

by Jeremy

LedgerX, which does enterprise as FTX US Derivatives after being acquired in 2021, filed a plan to straight settle crypto derivatives, chopping out intermediaries, earlier this 12 months. The transfer met with opposition from conventional monetary gamers, similar to Cboe, which warned that there could also be investor safeguard and safety considerations.

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