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US CFTC Approves LedgerX’s Application for Designation As Contract Market

Published 06/25/2019, 02:46 PM
Updated 06/25/2019, 03:01 PM
US CFTC Approves LedgerX’s Application for Designation As Contract Market

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.

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