JUST IN: Bitfinex expands beyond crypto, launches equity derivatives that settle in Tether (via @Yogita_Khatri5)https://www.theblockcrypto.com/post/78948/bitfinex-crypto-expands-equity-index-derivatives-tether …
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Why
@paoloardoino? I am sure you have your reasons but your compliance shall have warned that it could pose a regulatory risk to your exchange and some other risks to the industry as a whole... for very little adoption and potential gains :(3 replies 0 retweets 5 likes
Replying to @Nib_bio @TheBlock__ and
We did extensive research, discussed with external counsels in many different jurisdictions. Our products are only available to verified customers and we are a really cautious approach compared to competition. I think we're pretty safe in our offering.
4:59 AM - 28 Sep 2020
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