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CBOE announced the launch of margin futures for BTC and ETH

Cboe Exchange announced about the launch of margin futures for Bitcoin and Ethereum on January 11, 2024. The statement reads that the company will be the first regulated cryptocurrency exchange and clearinghouse in the United States to provide spot and credit derivatives trading on a single platform.

The message also says that 11 companies from the cryptocurrency and traditional finance sectors are ready to support such an initiative, in particular B2C2, BlockFills, CQG, Cumberland DRW, Jump Trading Group, Marex, StoneX Financial, Talos, tastytrade, Trading Technologies and Wedbush.

“The upcoming launch of margined futures is an important milestone for Cboe Digital, and we are grateful for the support of a group of partners who share our commitment to creating trusted and transparent cryptocurrency markets,” said Cboe President John Palmer.

Cboe Digital will initially offer margin contracts for Bitcoin and Ethereum, and later plans to expand its product set to include deliverable futures, the report said.

On June 5, Cboe received approval from the CFTC for margined Bitcoin and Ethereum futures.

Source: Cryptocurrency

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