CFTC Designates Bitnomial Exchange, LLC as a Contract Market

April 20th | 2020

Today the CFTC issued an order granting Bitnomial Exchange, LLC designated contract market status. The exchange’s press release indicates that “Bitnomial will list margined and physically delivered Bitcoin futures and options, the first and only startup exchange to achieve these capabilities.” The ability for customers to receive actual bitcoin at expiration may set Bitnomial apart from incumbent exchanges that already offer bitcoin futures and options, like CME, Bakkt, ErisX and LedgerX.

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