Backpack Exchange Acquires FTX EU: A Game-Changer for Crypto in Europe

Quick Summary:

This gives Backpack a unique opportunity to fill the gap and cater to a growing demand for regulated crypto derivatives.

As the crypto world looks for more stability and trust, Backpack’s bold move could set the tone for a new era of regulated trading in Europe.

Being the Founder and CEO of FTX, a leading cryptocurrency exchange he has played a key role in the revolutionization and development of the crypto space through his excellent experience and potency.

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Article Details

Author / Journalist: Debashree Patra

Category: Crypto

Markets: United StatesCyprus

Topics: Crypto Regulations Crypto news News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-07 @ 09:59:26 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 683 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 24957700

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 14 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 13 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

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