PA Daily | Singapore Exchange Receives CFTC Authorization to Offer Bitcoin and Ethereum Perpetual Futures to US Institutions; Flop Labs Publishes New FLOP Token Economics
- The Singapore Exchange has received authorization from the Commodity Futures Trading Commission.
- The authorization allows the Singapore Exchange to offer Bitcoin perpetual futures contracts to US institutional investors.
- The authorization also allows the Singapore Exchange to offer Ethereum perpetual futures contracts to US institutional investors.
- Flop Labs has published a new version of FLOP token economics.
The Singapore Exchange has received authorization from the Commodity Futures Trading Commission to offer Bitcoin and Ethereum perpetual futures contracts to eligible US institutional investors.
This development allows US institutions to access regulated cryptocurrency derivatives trading through the Singapore Exchange platform.
Separately, Flop Labs has released an updated economics model for its FLOP token.
The SGX authorization is expected to have a positive impact on the cryptocurrency market by increasing institutional participation in Bitcoin and Ethereum perpetual futures trading.
PA日报 | 新加坡交易所获CFTC授权，向美国机构开放比特币和以太坊永续期货；Flop Labs公布新版FLOP代币经济学
新加坡交易所已获得商品期货交易委员会授权，可以向合格的美国机构投资者提供比特币和以太坊永续期货合约。
这一进展使得美国机构能够通过新加坡交易所平台访问监管的加密货币衍生品交易。
此外，Flop Labs已发布其FLOP代币的更新经济学模型。
新加坡交易所的授权有望对加密货币市场产生积极影响，通过增加机构参与比特币和以太坊永续期货交易。