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LedgerX First to Receive CFTF Approval for Bitcoin (BTC) Derivatives

Published 06/26/2019, 08:13 AM
Updated 06/26/2019, 09:21 AM
© Reuters.   LedgerX First to Receive CFTF Approval for Bitcoin (BTC) Derivatives
BTC/USD
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LedgerX will become a unique platform for trading physical-delivery Bitcoin (BTC) derivatives, after receiving permission from the Commodities Futures Trading Commission to trade BTC derivatives.

https://twitter.com/ledgerx/status/1143546167025983488

The announcement arrived at a time when BTC is making new yearly highs and reigniting investment interest. The CFTC has been accommodating to the digital asset market, provided the market operators are compliant and transparent to avoid money laundering or other illegal financing operations.

“Effective June 24, 2019, LedgerX is also registered as a designated contract market (DCM) under Section 5 of the Commodity Exchange Act (CEA) and Part 38 of the CFTC’s r...

This article appeared first on Cryptovest

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