Back to news
RegulationHigh impact — Significance is rated automatically and is not a price signal.
CFTC Approves tZERO Exchange Ahead of $350 Million SPAC Deal
(3 hours ago) · 1 source · Summarized by CryptoBipto
The U.S. Commodity Futures Trading Commission has approved tZERO as a regulated exchange. The approval comes as tZERO prepares for a $350 million deal to go public through a special purpose acquisition company (SPAC).
WHY IT MATTERS
Think of the CFTC as a government referee that oversees certain types of financial markets in the United States, particularly those involving commodities and derivatives (contracts whose value is based on other assets).
Read the full analysis with a CryptoBipto membership
Members read why every story matters and the full analysis behind it.
SOURCES
- thedefiant.io
RELATED
CFTC RegulationDigital SecuritiesSPACExchange ApprovalInstitutional Adoption
Learn the concepts behind this
Clear explanations of the subjects this article touches, with every term defined.