For years, the cryptocurrency industry has had a complicated relationship with regulators. An example of regulatory pushback within the crypto space was when Facebook-backed Diem tried to launch its stablecoin. Regulatory limitations have undoubtedly had an impact on derivative brokers and exchanges. Just recently, Binance, one of the biggest exchanges, was forced to shut down crypto derivatives in several countries, including Germany, Italy, and Hong Kong. Since this announcement, derivatives traders have been on edge about what this means for the derivatives market and, most importantly, their funds held at exchanges that are rapidly shutting down operations in various regions.
Despite the crypto derivatives industry chaos, Eightcap, an award-winning CFD broker, is going against the grain by announcing an impressive 250+ cryptocurrency derivatives. This positions the broker as the largest crypto derivatives offering in the industry and highlights that the crypto derivatives market is thriving.
Eightcap Launches the Largest Crypto Derivative Offering
Eightcap announced on August 6, 2021, the