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    Home » The CFTC said it did not give LedgerX permission to launch deliverable bitcoin futures

    The CFTC said it did not give LedgerX permission to launch deliverable bitcoin futures

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    By BlockchainJournal on August 1, 2019 News
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    The US Commodity Futures Trading Commission (CFTC) stated that they did not give the provider of cryptocurrency derivatives LedgerX permission to launch deliverable bitcoin futures. It is reported by CoinDesk .

    The fact that LedgerX received the license of the authorized derivatives market from CFTC in June was reported by the company itself, and yesterday, on July 31, the successful launch of the tool was announced .

    Thus, institutional and retail investors allegedly got the opportunity to trade options and futures on their own LedgerX platform called Omni.

    Meanwhile, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange and the operator of the cryptocurrency platform Bakkt, announced that bitcoin futures will be launched "in the very near future" subject to the final decision of regulators.

    Recall that the test launch of Bitcoin deliverable futures on the Bakkt platform officially started on July 22.

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