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CFTC proposes framework for leveraged retail crypto spot trading

The CFTC proposed a federal framework that would let crypto exchanges offer retail customers leveraged and margined spot trading without congressional action, The Block reported. These trades allow customers to take positions using borrowed funds. The agency floated a new "crypto asset market" exchange category but said it cannot require crypto to trade on CFTC platforms without Congress.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Schneider Electric set to acquire PTC for $22.6 billion

Schneider Electric is set to acquire industrial software company PTC for $22.6 billion, TechStory reports. The transaction would be the French engineering company's largest acquisition and expand its software portfolio for manufac...

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Reclinker raises £10m to expand recycled cement production

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Pandektes raises €13.5M to expand legal research platform

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Namespace raised a $42 million Series B led by Scale Venture Partners, CEO Hugo Santos told Axios Pro. The company provides cloud services and infrastructure for developers as a specialized cloud provider. Namespace says it has 1,...

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