Altcoin News Official TheBitTimes.com

Summary ⚈ XRP options will launch on CME Group’s marketplace starting May 19, pending approval. ⚈ Robinhood will offer XRP options to retail investors to boost market accessibility. ⚈ CME partnership could drive XRP adoption, liquidity, and institutional trading interest. XRP options are set to launch through CME Group’s marketplaces starting May 19, 2025.  Brad Garlinghouse, the Chief Executive Officer (CEO) of Ripple Labs, dubbed the development a major, though overdue milestone in an April 24 X post. “While overdue in a bunch of ways, this is an incredibly important and exciting step in the continued growth of the XRP market!” While overdue in a bunch of ways, this is an incredibly important and exciting step in the continued growth of the XRP market! https://t.co/mnwJXKH5hi — Brad Garlinghouse (@bgarlinghouse) April 24, 2025 Pending regulatory approval, derivatives traders will be able to trade micro-sized (2,500 XRP) and standard-sized (50,0...

South Korea is looking to remove restrictions on local institutions trading cryptocurrencies, according to a report by Yonhap news agency on Wednesday, citing the Financial Services Commission (FSC). “We will work to align with global regulations in the virtual asset market,” stated South Korea’s FSC Secretary-General Kwon Dae-young. Institutional Investors Will Be Able To Create Accounts On Crypto Exchanges The FSC, South Korea’s primary financial regulator, stated that it would relax its restrictions on institutional investors to trade crypto, allowing them to create trading accounts on cryptocurrency exchanges. By doing this, the regulator aims to collaborate closely with the Digital Asset Committee, a policy advisory group under the FSC, beginning with permitting non-profit organizations to participate. Currently, only individual investors verified with their real-name accounts are permitted to trade Bitcoin and other cryptocurrencies. South Korea didn...