Crypto’s favorite $90 trillion trading product is coming to Wall Street, but big banks are taking it slow
Regulated perpetual futures are officially landing in the U.S., but while agile trading firms and crypto exchanges race to capture massive retail demand, traditional Wall Street banks are holding back until liquidity, rules, and infrastructure mature.
This is a summary. Read the complete story at CoinDesk below.
Read full article at CoinDeskRelated Stories
US Treasury cuts off MEXC over alleged $16B in illicit transactions
The US Treasury bureau FinCEN on Friday ordered US financial institutions to stop processing transfers involving MEXC Global.
Cointelegraph
Gnosis Pay breach exposes card details, personal data and crypto wallet information
The crypto debit card provider said customer funds remained safe despite the exposure of sensitive financial and personal information.
Cointelegraph
Binance hack is ‘cyber war,’ TRM Labs executive says
TRM Labs executive Ari Redbord called for governments to take offensive action against North Korean hackers following the record $6.3 billion Binance theft.
Cointelegraph