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According to Techub News and CoinDesk, GFO-X has announced the launch of its FCA-regulated Crypto Assets derivatives trading platform in London. This is the UK's first such digital asset trading venue. The platform completed its first transaction on Tuesday (May 13), with the trading parties being Financial Institution Virtu Financial and IMC, and clearing services provided by DigitalAssetClear. The launch of the platform follows the FCA's lifting of the ban on derivatives trading in Crypto Assets for institutional investors in March 2024, and has obtained support from major banks to provide clearing services.

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