Crypto.com receives approval from the U.S. CFTC to offer margin derivatives trading services

According to Odaily Planet Daily, Crypto.com has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to offer margin derivatives trading services in the U.S. market. This approval amends the operating license of Crypto.com's U.S. subsidiary, Crypto.com | Derivatives North America, allowing it to clear margin contracts rather than being limited to fully collateralized products. Its affiliated brokerage firm, Foris DAX FCM LLC, has also received approval from the National Futures Association to act as a futures commission merchant (FCM) to broker client transactions. (Financefeeds)