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The Crypto Roundup: 14 November 2023 | CryptoCompare.com

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The cryptocurrency arm of the Chicago Board Options Exchange, Cboe Digital, is set to launch margined Bitcoin and Ether futures contracts on January 11, after receiving approval from the Commodity Futures Trading Commission (CFTC) in June.

The move will see Cboe Digital become the first regulated U.S. platform to offer both spot and leveraged derivatives on a single platform. With margined futures, traders can use leverage to trade with more than their collateral, while regular futures do not allow them to take these positions.

The margined futures product is set to be supported by multiple trading firms, such as Marex, Cumberland DRW, B2C2, Jump Trading Group, BlockFills, and CQG. Following the acquisition of the trading platform ErisX, Cboe Digital added a group of cryptocurrency experts as equity partners in August.

Cboe competitor CME listed Bitcoin futures in December 2017, and became the second-largest BTC futures exchange after Binance in October.

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