The world’s two largest cryptocurrency exchanges, Bitfinex and Poloniex, have announced they will begin trading bitcoin derivatives on Wednesday.
The two companies will continue to trade bitcoin futures on their platforms.
The announcement comes just one day after the SEC began enforcing a new set of regulations for cryptocurrency trading.
The two bitcoin derivatives exchanges are one of the biggest cryptocurrency exchanges in the world.
The exchange platform, called Kraken, is one of only two major exchanges in New York City, with a total market capitalization of more than $1.7 billion.
The other major exchange in New Jersey is Gemini, with $2.6 billion in market cap.
Bitfinex has been a leader in the cryptocurrency space, with more than 300,000 bitcoin trading positions.
The company is currently trading on the Bitcoin Exchange Market.
Poloniez, founded in 2013, is the largest bitcoin exchange in the US, with over 40,000 trading positions and over $1 billion in trading assets.
The platform trades bitcoin futures, cryptocurrency cash and bitcoin gold.
The company has been in business since the end of 2017, when it merged with Kraken.
In 2018, the exchange launched an ICO, which raised $1 million in capital to create a cryptocurrency trading platform, the first in the country.
The cryptocurrency market is growing rapidly and is expected to hit $16.7 trillion by 2021, according to CoinMarketCap.
The launch of a cryptocurrency exchange is a big step for bitcoin, which has been slow to gain traction in the financial world.
At least two other major cryptocurrency exchanges have been in the market for years, but both failed to capitalize on their success.
Earlier this year, a pair of cryptocurrency trading platforms, Gemini and Bitfineix, announced they would start trading in January.
While the exchange market is a bit fragmented, it appears to be an industry in its infancy, which is why the companies are stepping up to the plate.
The SEC issued a series of new regulations on Monday to regulate cryptocurrency trading, which the companies say will increase transparency.