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tldr; Goldman Sachs is reportedly looking to integrate derivatives trading using bitcoin and other cryptocurrencies. The Commodities Futures Trading Commission (CFTC) is reportedly seeking a license adjustment that would allow FTX to act as a cryptocurrency exchange as well as a middleman for leveraged derivatives trading. If FTX succeeds in this quest, it could eliminate the need for intermediaries like Goldman Sachs by providing derivatives in-house.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
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