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    Home»Cryptocurrency»Coinbase Announces Acquisition of FairX
    Cryptocurrency

    Coinbase Announces Acquisition of FairX

    cryptossorBy cryptossorOcak 12, 2022Yorum yapılmamış1 Min Read
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    Coinbase announced today that it has acquired the US-based derivatives platform FairX.

    https://twitter. com/coinbase/status/1481374927143899138

    Contact us to be instantly informed about the last minute developments. Twitter and Telegram you can follow our channel.

    The move could pave the way for Coinbase to offer crypto derivatives products in the US. Currently, only a handful of exchanges allow US investors to trade Bitcoin (BTC) and Ethereum (ETH) futures. FTX acquired LedgerX last August for a similar purpose.

    Coinbase made the following statements in a blog post:

    “The development of a transparent derivatives market is a landmark for any asset class. We believe this will pave the way for greater participation in the crypto economy for both retail and institutional investors.”

    FairX is registered with the Commodity Futures Trading Commission (CFTC). This means that FairX is allowed by the regulators to offer futures products.

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    Roskomnadzor Media Watchdog Unblocks Leading Russian Crypto News Outlet

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