US's launch its own Crypto Exchange

A group of significant companies, including Citadel, Fidelity, Charles Schwab, Virtu Financial, Sequoia Capital, and Paradigm, have joined forces to develop EDX Markets, a new cryptocurrency exchange. The exchange operates as a marketplace where customer assets are not directly handled, according to a non-custodial paradigm. Improved liquidity, aggressive quotes, and a distinctive trade execution arrangement are all goals of EDX. Additionally, traders will be able to settle trades matched on the platform thanks to the future launch of EDX Clearing, which was also revealed. Jamil Nazarali, the CEO, emphasises the need for a secure and legal bitcoin industry.