The United States Commodity Futures Trading Commission (CFTC) has approved the application of LedgerX LLC for designation as a contract market, according to an announcement published on June 25.
LedgerX — a U.S.-based regulated crypto derivatives and clearing platform — can operate as a designated contract market (DCM) as of June 24, 2019. The company’s activities will be registered under Section 5 of the Commodity Exchange Act (CEA) and Part 38 of the CFTC’s regulations.