In an episode of The Scoop, Bankman-Fried explained that derivatives exchanges in Asia like OKEx and BitMEX are more efficient for onboarding retail traders. The U.S. market, on the other hand, is dominated by regulated exchanges like CME Group and is better suited for traditional Wall Street institutions. The post Derivatives exchanges in Asia and the U.S. are designed for different types of traders, according to FTX CEO Sam Bankman-Fried appeared first on The Block.
