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π DeFiπ’ BullishImportance 6/10
DerivaDEX debuts Bermuda-licensed derivatives DEX
π€AI Summary
DerivaDEX has launched a Bermuda-licensed derivatives decentralized exchange offering crypto perpetual swaps. The platform operates under both DAO governance and formal regulatory oversight after receiving a test license from Bermuda's financial regulator.
Key Takeaways
- βDerivaDEX received a test license from Bermuda's regulator to operate a derivatives DEX.
- βThe platform is now offering crypto perpetual swaps to users.
- βThe exchange operates under a hybrid model combining DAO governance with formal regulatory oversight.
- βThis represents a significant step toward regulated decentralized derivatives trading.
- βBermuda continues to position itself as a crypto-friendly regulatory jurisdiction.
Read Original βvia CoinTelegraph β DeFi
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