FTX Request to Approve Crypto Derivatives Faces Opposition

FTX is seeking regulatory approval to allow individual investors to use derivatives to make leveraged bets on Bitcoin, prompting opposition from the CME and others. Traditional exchanges and financial industry groups say FTX's proposal could jeopardize market stability.
Source

FTX

Policy and Regulation

Related News
Trump to make crypto a national priority in upcoming executive order: Bloomberg Trump to make crypto a national priority in upcoming executive order: Bloomberg
Singapore bans Polymarket amid national crackdown on online gambling sites Singapore bans Polymarket amid national crackdown on online gambling sites
Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more
South Korea imposes sanctions on North Korean crypto hackers, IT operatives South Korea imposes sanctions on North Korean crypto hackers, IT operatives
Bitcoin drops below $100,000 after Fed Chair Powell’s comment against BTC reserve Bitcoin drops below $100,000 after Fed Chair Powell’s comment against BTC reserve
Latest News More More
4 Hours Ago Phantom Wallet raises $150 million at $3 billion valuation
1 Day Ago BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report
1 Day Ago Pyth launches new oracle ‘Lazer’ to offer price feeds to latency-sensitive apps
2 Days Ago Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens
3 Days Ago Sony’s Layer-2 Blockchain 'Soneium' Goes Live
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open