{"id":26535,"date":"2025-05-13T13:17:41","date_gmt":"2025-05-13T13:17:41","guid":{"rendered":"https:\/\/dogewisperer.com\/uks-first-fca-regulated-crypto-derivatives-trading-venue-gfo-x-debuts-in-london\/"},"modified":"2025-05-13T13:17:41","modified_gmt":"2025-05-13T13:17:41","slug":"uks-first-fca-regulated-crypto-derivatives-trading-venue-gfo-x-debuts-in-london","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26535","title":{"rendered":"UK&#8217;s First FCA-Regulated Crypto Derivatives Trading Venue GFO-X Debuts in London"},"content":{"rendered":"<div>\n<p>GFO-X has debuted its Financial Conduct Authority (FCA)-regulated crypto derivatives platform, the U.K&#8217;s first such trading venue for digital assets. <\/p>\n<p>The new platform executed its first trade on Tuesday between financial institutions Virtu Financial and IMC, and was cleared by DigitalAssetClear, <a href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/05\/13\/3079834\/0\/en\/GFO-X-Launches-Regulated-Digital-Asset-Derivatives-Trading-Venue.html\">GFO-X announced on Tuesday<\/a>.<\/p>\n<p>DigitalAssetClear, created by London Stock Exchange Group (LSEG) subsidiary LCH, is a service for cash-settled bitcoin index futures and options contracts.<\/p>\n<p>GFO-X is also supported by major banks ABN AMRO, Nomura and Standard Chartered, who are providing clearing for transactions on the platform.<\/p>\n<p>The U.K.&#8217;s FCA <a href=\"https:\/\/uk.finance.yahoo.com\/news\/financial-regulator-lifts-ban-crypto-084355910.html\">lifted its ban from 2020 on crypto derivatives instruments<\/a> for institutional investors in March 2024. This was followed by the London Stock Exchange saying it would accept application for cryptocurrency exchange-traded notes (ETNs).<\/p>\n<p>The debut of GFO-X demonstrates the ongoing development of the regulated crypto trading ecosystem in the U.K. The crypto derivative plays are also gaining traction globally, as <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/04\/02\/galaxy-secures-uk-approval-for-license-to-expand-derivatives-trading\">Galaxy secured U.K. approval<\/a> for a license to expand its derivatives trading last month and <a href=\"https:\/\/www.coindesk.com\/business\/2025\/05\/08\/coinbase-buys-deribit-for-usd2-9b\">Coinbase bought Deribit <\/a>in a $2.9 billion deal earlier this month. <\/p>\n<p><strong><em>Read More: <a href=\"https:\/\/www.coindesk.com\/business\/2025\/05\/08\/coinbase-buys-deribit-for-usd2-9b\">In $2.9B Deal, Coinbase Agrees to Buy Deribit to Expand in U.S. Crypto Options Market<\/a><\/em><\/strong><\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>GFO-X has debuted its Financial Conduct Authority (FCA)-regulated crypto derivatives platform, the U.K&#8217;s first such trading venue for digital assets. The new platform executed its first trade on Tuesday between financial institutions Virtu Financial and IMC, and was cleared by DigitalAssetClear, GFO-X announced on Tuesday. DigitalAssetClear, created by London Stock Exchange Group (LSEG) subsidiary LCH, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-26535","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26535"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26535\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}