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Home Regulation

CFTC grants DCO registration to bitcoin trading and clearing platform LedgerX

LedgerX submitted an application for DCO registration on January 25, 2017.

Published by CryptoNinjas.net
07/24/2017

Regulatory mission complete as far as LedgerX is concerned.

Just a few weeks after LedgerX was granted an order of registration as a Swap Execution Facility (SEF) on July 6th, The U.S. Commodity Futures Trading Commission (CFTC) by a unanimous vote has now issued an order granting LedgerX registration as a derivatives clearing organization (DCO) under the Commodity Exchange Act (CEA).

LedgerX has been waiting a few years to receive full registration as the first U.S. regulated digital currency derivates exchange, they will initially clear bitcoin options.

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