US CFTC Approves Clear Markets To Trade Crypto Derivatives

The U.S subsidiary of Clear Markets, a company dealing with electronic trading can now offer crypto derivatives. The company has earned approval from the U.S Commodity and Futures Trading Commission (CFTC).

This was confirmed by SBI Holdings, a shareholder of Clear Markets (12% stake as of August 2018). SBI Group first offered cryptocurrency-based services for Japanese investors to help them create a diverse portfolio.

The plan is to develop a platform that complies with regulations and promotes resilience and integrity and offers the facility of crypto derivative trading. The company is a leading entity in this field, with plans to offer derivatives on the USD and Bitcoin (BTC).