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Tassat Gets CFTC Approval to Issue Bitcoin Derivatives in US

Published 11/08/2019, 06:40 AM
Updated 11/08/2019, 08:21 AM
© Reuters.  Tassat Gets CFTC Approval to Issue Bitcoin Derivatives in US

New York-based financial technology firm Tassat — formerly known as trueDigital — has succeeded in overcoming the first hurdle in its bid to launch a fully-regulated crypto derivatives exchange.

According to an announcement from the United States Commodity Futures Trading Commission (CFTC) on Nov. 7, the regulator has approved the transfer of a swap execution facility (SEF) registration from fellow New York-based financial services firm trueEX to Tassat.

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