CFTC approves LedgerX to settle futures in Bitcoin

posted 11 months ago
New York City-based LedgerX "a US-regulated trading platform for physically-settled digital currency derivatives", applied to be a “designated contract market” and was approved by the U.S. Commodity Futures Trading Commission, which means that it can now offer physically settled Bitcoin futures contracts, before it could only offer swaps.

This approval means that the firm can now list Bitcoin derivatives contracts (including both options and futures) and offer them to both retail and institutional clients.
Tags: bitcoin, news