Crypto.com Receives CFTC Approval to Launch Margin Derivatives Trading in the U.S.

BlockBeats News, September 30th, according to FinanceFeeds, Crypto.com has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to conduct margin derivatives activities in the United States. The license amendment pertains to Crypto.com's U.S. subsidiary Crypto.com | Derivatives North America, allowing it to clear margin contracts rather than just fully collateralized products. Its affiliated broker Foris DAX FCM LLC has also been approved by the National Futures Association (NFA) to become a futures commission merchant, enabling the group to provide brokerage services for customer trades.