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In addition to Bitcoin futures trading, B3 will also launch Ethereum futures.
The company is looking to build infrastructure for enterprises, developers and merchants to transact on the Lightning network.
USDT slipped to $0.96 on FTX but remained at $0.998 on Bitfinex.
While the platform will support only Bitcoin and Ether trading initially, it will add support for other cryptocurrencies along the line.
Using the funds, Talos will expand its institutional-grade digital asset platform. The firm will also pursue further expansion into Europe and the Asia-Pacific region.
To encourage adoption, payments for subway rides from the digital yuan wallet will attract a 10% discount until June 5.
Instagram plans NFT integration for Ethereum, Solana, Polygon, and Flow.
The ban is aimed at reducing the risks associated with transacting digital assets.
In 2020, the CFTC filed charges accusing BitMEX and its co-founders of illegally providing spot and derivative trading services to US customers without appropriate money-laundering precautions.
Binance is also seeking to be registered by the Swedish finance watchdog.