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The U.S. Commodity Futures Trading Commission (CFTC) approved a derivatives clearing organization (DCO) license for Bitnomial, the U.S.-regulated digital asset derivatives exchange announced on Wednesday.
This approval, decided by a four-to-one vote at the CFTC December Open Meeting, positioned Bitnomial as the first crypto-native exchange in the U.S. to hold a complete set of derivatives exchange, clearinghouse and broker licenses.
Bitnomial’s Unique Offering in the Crypto Derivatives Market
In a press release issued on Wednesday, Bitnomial stated it was the only U.S. exchange offering margined, physically delivered digital asset derivatives.
This meant customers could gain actual…
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