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Expert Analysis

CFTC LedgerX Approval Is A Big Step For Bitcoin

By Daniel Nathan, Jason Somensatto and Jorge Pesok ( July 27, 2017, 12:54 PM EDT) -- Bitcoin has taken an additional step toward legitimacy. On July 24, 2017, the U.S. Commodity Futures Trading Commission granted LedgerX LLC registration as a derivatives clearing organization (DCO) under the Commodity Exchange Act. The license authorizes LedgerX, an institutional trading and clearing platform, to among other things, trade and clear options on bitcoin....

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