Bitcoin’s jump up and right back down is at least partially due to the crypto derivatives markets.
CoinfloorEX, a bitcoin futures market, has been spun off from its parent company and will relaunch next month with a stablecoin futures product.
ErisX has closed a $27.5 million Series B funding round to build a regulated crypto spot and futures market.
Meanwhile, the SEC and a North American securities regulation group warned investors about risks of cryptocurrency products.