US Commodity Futures Trading Commission registers LedgerX as cryptocurrency swap execution facility

posted 13 days ago
The US Commodity Futures Trading Commission (CFTC) has granted blockchain startup LedgerX its formal registration as a swap execution facility (SEF), making it the second company ever to be granted the ability to trade digital currency derivatives.

While a notable milestone, it's the latest in a long process for LedgerX that is still far from over. Still pending approval is the final regulatory milestone to launching what could end up being the first cryptocurrency options firm licensed by the CFTC to do business in any number of cryptocurrencies, including bitcoin and ether.
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