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
CLARITY Act could get another shot during lame-duck session, policy advocate says
Digital Sovereignty Alliance managing director Adrian Wall said senators from both parties are considering another attempt to advance the crypto market structure bill before the current Congress ends.
Cointelegraph
UK FCA sets crypto authorization guidance ahead of September application window
The FCA’s new guidance outlines which crypto activities may require authorization as firms prepare for the UK’s incoming digital asset regulatory regime.
Cointelegraph
Revolut hackers demand $3 million in Monero, threaten to sell customer data
The group gave Revolut 24 hours to pay and said it targeted customers with significant crypto holdings.
CoinDesk