Ledger Nano S

Ledger Nano S - The secure hardware wallet

Tuesday, July 11, 2017

Bitcoin Exchange Receives US Commodity Futures Trading Commission Approval

Bitcoin Exchange Receives US Commodity Futures Trading Commission Approval

In a move that may surprise many in the cryptocurrency world, the US Commodity Futures Trading Commission (CFTC) announced that LedgerX has officially been granted status as a Swap Execution Facility (SEF).


This represents a major hurdle in the company’s overarching plan of becoming the first federally recognized exchange able to trade Bitcoin options. The final step to this major achievement is the approval from the CFTC as a Derivatives Clearing Organization (DCO). Once this has been granted, LedgerX will be the “first federally regulated Bitcoin options exchange and clearinghouse to list and clear fully-collateralized, physically-settled Bitcoin options for the institutional market.”


Full story at http://bit.ly/2u7kxdA


Source: CoinTelegraph


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