Castor Oil and Derivatives Market πππ¬ππ¨π« ππ’π₯ ππ§π πππ«π’π―πππ’π―ππ¬ πππ«π€ππ ππ―ππ«π―π’ππ° The Global Castor Oil and Derivatives Market is projected to witness significant growth in the coming years, fueled by its wide-ranging applications in the industrial, pharmaceutical, and cosmetic sectors. With a market size of USD XX billion in 2023, it is expected to grow […]
Bitfinex Derivatives Relocates to El Salvador
The move comes after the company secured a Digital Asset Service Providers (DASP) license. In a Jan. 7 statement, Paolo Ardoino, the Chief Technology Officer of Bitfinex Derivatives, described the relocation as a βdefining momentβ for the firm. He also praised El Salvadorβs push to create a friendly environment for crypto innovation. βEl Salvadorβs rise […]
Castor Oil Derivatives Market Generated Opportunities, Future
Castor Oil Derivatives Market Latest Report, titled “Castor Oil Derivatives Market” Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031, by Coherent Market Insights offers a comprehensive analysis of the industry, which comprises insights on the market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market. The report features a […]
Bitfinex Moves Derivatives to El Salvador After Winning Digital Asset License
El Salvador is one of the prominent crypto-friendly countries. It is the first in the world to make Bitcoin a legal tender. In 2023, it introduced a revolutionary law, called the Digital Assets Securities Law, boosting its efforts to become the global crypto hub. Recent developments indicate that many crypto companies are keen to benefit […]
Bitfinex Moves Derivatives Business from the Seychelles to El Salvador
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Backpack Exchange Acquires FTX EU to Expand Crypto Derivatives Offerings in Europe
Dubai-based cryptocurrency trading platform Backpack Exchange has finalized the acquisition of FTX EU, the former European arm of the collapsed FTX exchange, for US$32.7 million. The deal is aimed at bolstering Backpack’s presence in the European market, particularly in the regulated crypto derivatives sector. The acquisition includes the management of β¬53 million (approximately US$55 million) […]

Bitfinex Derivatives Secures DASP License in EL Salvador
Bitfinex Derivatives, a Seychelles-based platform, has secured a Digital Asset Service Provider (DASP) license in El Salvador, marking a significant step in its expansion across Latin America.Β This new development allows the platform to offer derivatives services through its newly established subsidiary, Bitfinex Derivatives El Salvador S.A. de C.V. Source:Β X As part of its mission […]

A 3D-generated image of the planned Hilton hotel. Source: El Economista
Bitfinex Derivatives to move to El Salvador after securing local crypto license
The derivatives arm of crypto exchange Bitfinex has secured a Digital Asset Service Providers (DASP) license to operate in El Salvador.Β In a Jan. 7 statement shared with Cointelegraph, Bitfinex Derivatives said with the approval of the DASP license, it will relocate from Seychelles to the Central American nation. βThis critical transition represents a defining […]
Bitfinex Derivatives Relocates to El Salvador, Secures DASP License
Key Notes Bitfinex Derivatives secures a DASP license in El Salvador, aligning with its innovative crypto-friendly regulatory framework. El Salvador’s crypto laws, backed by President Bukele and 6,000+ bitcoins, solidify its global leadership. Bitfinex expands offerings with Thalex and Volmex partnerships, driving options and volatility-based crypto trading. Bitfinex Derivatives has obtained a Digital Asset Service […]
FTX EU Finds New Home With Ex-FTX and Alameda Talent
Key Takeaways Backpack acquires FTX EU as part of ongoing FTX bankruptcy proceedings. Founded by former FTX and Alameda employees, Backpack aims to expand its derivatives offerings in the EU. The acquisition positions Backpack as a pioneer in offering regulated perpetual futures in Europe. Amid FTXβs bankruptcy process, Germany-based Backpack has acquired FTX EUΒ , marking […]