Bitcoin Swap Exchange LedgerX Granted CFTC SEF Registration

[kreslik.news]

The U.S. Commodity Futures Trading Commission (CFTC) has issued an Order of Registration to LedgerX, the New York-based bitcoin swap exchange, granting it registration status as a Swap Execution Facility (SEF).

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After review of the LedgerX application and associated exhibits, the CFTC has determined that LedgerX demonstrated compliance with the Commodity Exchange Act (CEA) and the CFTC’s regulations applicable to SEFs.

LedgerX will operate a regulated bitcoin options exchange and clearing house that will list and clear fully-collateralized, physically-settled bitcoin options for the institutional market.

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