LedgerX Gains SEF Approval for Bitcoin Derivatives
US regulator grants full approval for bitcoin options venue, which will offer institutional-grade infrastructure for digital currencies.
The US Commodity Futures Trading Commission (CFTC) granted an order of registration to New York-based LedgerX, giving it full approval to operate a swap execution facility (SEF). LedgerX had been granted temporary registration to operate its SEF on September 10, 2015.
“We are pleased to have received full registration as a SEF from the CFTC for the trading of digital currency derivatives,” says Paul Chou, CEO of LedgerX. “While we were originally granted provisional approval, full registration
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