B2C2, a cryptocurrency “liquidity provider” and electronic OTC trading magnate, has recently announced that British regulators have given their U.K.-based subsidiary approval to offer the crypto space a new investment derivative.
According to a press release shared with Bitcoin Magazine, the British Financial Conduct Authority (FCA) has authorized B2C2 OTC Inc. “to arrange and deal in Contracts for Difference (CFDs) with eligible counterparties and professional clients.” The release went on to claim that “the FCA authorisation will allow these clients of B2C2 OTC Ltd to gain exposure to cryptocurrency markets via the firm’s CFDs.”
Speaking at the Regulation of Cryptocurrencies event in London, Christopher Woolard, the executive director of strategy and competition at the FCA, 
Zeniex, an exchange launched in May, announced on Friday the termination of all services. The decision follows the investigation by South Korean financial authorities of the exchange’s cryptocurrency fund called Zxg Crypto Fund No. 1 (ZXG). Zeniex elaborated: 
It has been about a year since initial coin offerings (ICOs) were 
