Another Crypto Startup Enters the Bitcoin Derivatives Rat Race

Bitcoin Derivatives Rat Race With the resurgence in the Bitcoin price, cryptocurrency startups have rushed to push products to market, presumably in a bid to capture renewed demand. According to CoinDesk, an up-and-coming digital asset exchange is looking to offer BTC derivatives to a U.S. audience. In a press release published on Friday, trueDigital Holdings revealed that it had begun to acquire the proper licenses from the U.S. Commodity Futures Trading Commission (CFTC) via a firm called trueEX. If the American financial regulator approves, this deal will see trueDigital Holdings…