Crypto derivatives firm LedgerX alleges that former CFTC chairman Christopher Giancarlo obstructed the approval of its DCO registration due to personal bias.
LedgerX News
LedgerX is a Swap Execution Facility and Derivatives Clearing Organization that specializes on cryptocurrency derivatives. LedgerX has the U.S. Commodity Futures Trading Commission’s (CFTC) approval to trade and clear swaps on digital money. Ledgerx also offers Bitcoin options trading and clearing. LedgerX options allow users the opportunity to earn a fiat-based yield on Bitcoin by making a contract that gives them the right to sell or buy an asset at a specified price on a specified date when they think it would be profitable due to price changes. Some of products of LedgerX are CFTC-regulated. The company launched the first CFTC-regulated Bitcoin saving account on the market. LedgerX is currently being run by Paul Chou — the CEO and co-founder of the company, who is a computer scientist and an experienced securities trader.
- News
- Investigation
LedgerX was reported to launch the first physically settled Bitcoin futures contracts in the U.S., but report was later debunked by LedgerX...
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LedgerX beat competitor Bakkt to the public launch, which comes less than a month after gaining regulatory approval.
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American Bitcoin trading platform LedgerX has launched a new LedgerX Halving Contract, representing a binary option unique to Bitcoin
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LedgerX has launched its first Bitcoin (BTC) price volatility index LXVX.
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LedgerX has launched the first BTC savings product licensed with both a CFTC derivatives clearing organization (DCO) license and a swap execution facility (SEF)...
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by Jon Buck
Two new Bitcoin ETFs up for SEC approval.
- Smart Investment
Why the ability to bet on Bitcoin going bust could help stabilize the market
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by Jon Buck
The recent massive run up in Bitcoin and other cryptocurrency prices has led to a bit of a debate regarding the very nature of Bitcoin, and the question of whet...
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