UK's first FCA-regulated cryptocurrency derivatives trading platform GFO-X launched in London

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MarsBit
05-13
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Mars Finance News, GFO-X announced the launch of its cryptocurrency derivatives trading platform in London, which is regulated by the UK Financial Conduct Authority (FCA). This is the first digital asset trading venue of its kind in the United Kingdom. The platform completed its first transaction this Tuesday (May 13th), with financial institutions Virtu Financial and IMC as the trading parties, and clearing services provided by DigitalAssetClear. The platform's launch follows the FCA's lifting of the ban on cryptocurrency derivatives trading for institutional investors in March 2024, and has received support from major banks to provide clearing services. (CoinDesk)

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