Crypto.com Secures U.S. Licences for Derivatives Trading and Clearing
Singapore-based Crypto.com has widened its U.S. presence with a first-of-its-kind regulatory win, securing every major CFTC derivatives license needed to trade and clear crypto derivatives.
The company said it now holds approvals for a designated contract market (DCM), a futures commission merchant (FCM) and a derivatives clearing organisation (DCO), making it the first major crypto platform to claim the full stack in the United States.
Its affiliate, Crypto.com | Derivatives North America (CDNA), announced that it had received an amendment to its DCM license, enabling margined derivatives trading alongside existing fully collateralised products.
Just days…
