18 days ago
FTX, a popular cryptocurrency derivatives exchange, has been allowed to hold crypto holdings worth $3.4 billion, making it one of the most influential players in the cryptocurrency market. This comes as the exchange has grown rapidly in the past year, becoming one of the most popular venues for cryptocurrency traders. The decision will enable FTX to further expand its operations and increase its presence in the crypto market. It is expected to bring more liquidity for traders and investors looking to capitalize on the growing crypto market.
The crypto exchange is called FTX.
The crypto holdings were worth $3.4 billion.
FTX is allowed to hold a variety of crypto assets, including Bitcoin, Ethereum, and other altcoins.
FTX's crypto holdings were approved by an independent auditing firm.
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