SShortSingh.
Back to feed

Gemini partners with Apex to expand regulated crypto prediction markets

0
·1 views

Cryptocurrency exchange Gemini has announced a partnership deal with Apex to broaden its presence in prediction markets. Under the agreement, Gemini would become the exclusive CFTC-regulated venue for crypto event contracts distributed through Apex's futures commission merchant. The tie-up is designed to give more traders access to regulated crypto-based event contracts. The deal reflects growing institutional interest in bringing prediction market products under formal regulatory frameworks.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
Crypto & Web3CoinDesk ·

Standard Chartered becomes first bank to distribute Hong Kong dollar stablecoin

Standard Chartered, a London-based multinational bank managing approximately $850 billion in assets, has announced it will distribute a Hong Kong dollar-pegged stablecoin. The bank will make Anchorpoint's HKDAP token available to eligible clients and partners. This marks a significant milestone as Standard Chartered becomes the first bank to distribute a Hong Kong dollar stablecoin. The move signals growing institutional interest in regulated digital assets tied to traditional currencies.

0
Crypto & Web3CoinDesk ·

Pakistan sets Sept. 5 deadline for crypto firms to register or shut down

Pakistan's Virtual Assets Regulatory Authority (PVARA) has launched a formal licensing framework for cryptocurrency businesses in the country. Crypto firms have been given until September 5 to submit applications for a no-objection certificate from the regulator. Companies that fail to meet the deadline will be required to cease their operations. The move marks a significant step toward bringing Pakistan's crypto industry under official regulatory oversight.

0
Crypto & Web3CoinDesk ·

Bitcoin holds near $78,000 after 24% weekly surge driven by Treasury buyback news

Bitcoin traded relatively flat on Monday, hovering near the $78,000 mark after a significant rally the previous week. The cryptocurrency surged approximately 24% last week, marking its strongest weekly performance in three years. The rally was largely triggered by a Treasury buyback announcement, which caused a short squeeze that liquidated over $3 billion in short positions. Meanwhile, gold continued to climb and altcoins entered a consolidation phase following the broader market's strong weekly gains.

Gemini partners with Apex to expand regulated crypto prediction markets · ShortSingh