The first FCA regulated cryptocurrency derivatives trading platform GFO-X in the UK has been launched in London

Odaily Planet Daily News: GFO-X announced the launch of its cryptocurrency derivatives trading platform in London, which is regulated by the UK Financial Conduct Authority (FCA). This is the first digital asset trading venue of its kind in the UK. The platform completed its first transaction on Tuesday, May 13th, between financial institutions Virtu Financial and IMC, with clearing services provided by DigitalAssetClean. The launch of this platform follows the UK FCA's lifting of the ban on institutional investors trading cryptocurrency derivatives in March 2024, and has received support from major banks to provide clearing services. （CoinDesk）