Crypto.com has become the first major global crypto platform to acquire the full stack of U.S. Commodity Futures Trading Commission (CFTC) derivatives licenses—namely, FCM (Futures Commission Merchant), DCO (Derivatives Clearing Organization), and DCM (Designated Contract Market). The final approval, an amendment to its DCM license, allows Crypto.com | Derivatives North America (CDNA)—a CFTC-registered affiliate—to offer margined crypto derivatives directly to U.S. clients. This builds on CDNA’s prior approval to run fully collateralized derivatives via prediction markets. The announcement, made on September 30, ... (full story)