CFTC approves tZERO crypto derivatives exchange ahead of $350M merger
The CFTC approves tZERO's derivatives exchange, completing its exchange and clearinghouse registrations and meeting a milestone in its proposed $350M merger.
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Merger
The combination of two companies into one, often negotiated alongside an acquisition, where one company buys another.
Deals reshape industries and can affect prices, jobs and competition, so regulators often review them.
More about MergerCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyMore in Business
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