Crypto Derivatives Platform Deribit Relocates Headquarters to Dubai
After securing a regulatory license, Deribit is set to move its headquarters to Dubai to provide spot and crypto derivatives trading, such as futures and options. Deribit announced on April 2 that Dubai’s Virtual Asset Regulatory Authority (VARA) has granted a Virtual Asset Service Provider (VASP) license to Deribit FZE, the group’s Dubai affiliate. Thanks to […]
Huobi exchange suspends derivative trading in New Zealand
Huobi Global crypto exchange has suspended all forms of crypto derivative trading services for users in New Zealand. Bitcoin exchange The suspension of derivatives trading in New Zealand was announced by Huobi Global. According to a statement from Huobi, the additional limitations on derivative offerings are necessary to ensure local laws are being followed. Derivative […]
Binance halts crypto derivatives services in Australia
Binance cryptocurrency exchange has stated that its crypto derivatives offerings in Australia will be discontinued. Crypto derivatives traders will have 90 days to cancel their current margin accounts beginning September 24. According to the news, the exchange will discontinue trading crypto futures , options, and leveraged tokens in Australia on September 24th. According to the […]
FTX.US acquires LedgerX crypto derivatives platform
FTX.US subsidiary acquires LedgerX Bitcoin derivative platform for an undisclosed amount this is in a bid to dive into Bitcoin and Ether futures trading. West Realm Shire Services, the owner of FTX.US, stated on Tuesday that it has completed a sale-and-purchase deal to buy LedgerX’s parent business, Ledger Holdings. The deal is expected to close, […]
The agency has broad enforcement authority on crypto derivatives – CFTC commissioner
Dawn Stump, one of four current commissioners of the Commodity Futures Trading Commission, or CFTC, has issued a statement defining the agency’s power over digital assets and cryptocurrencies. Stump said in a statement on Monday that the CFTC has both regulatory and enforcement authority over commodities. “Even if a digital asset is a commodity , […]