Derivatives, which are financial contracts that derive their value from an underlying asset such as bitcoin (BTC), can be lucrative for both traders and the exchanges that serve them. FTX Europe, like other European exchanges, offered a range of derivatives products, but it also was the only firm with a license to offer perpetual futures, a highly popular derivatives offering, in that region. It’s those licenses that have attracted attention from several potential buyers, according to Fortune. Crypto exchange Crypto.com and Trek Labs have also expressed interest in FTX Europe, the publication reported.
Charles Schwab plans to supply spot crypto buying and selling as US guidelines evolve below Trump
Key Takeaways Charles Schwab plans to supply spot crypto buying and selling as US rules ease, possible below President-elect Donald...