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27 September 2020

Tassat will be able to launch Bitcoin swaps after all, says CFTC

Tassat will be able to launch Bitcoin swaps after all, says CFTC


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The United States Commodity Futures Trading Commission will still be allowing New York-based fintech firm Tassat to proceed with its Bitcoin swap contracts after failing to meet regulatory requirements.

15 statement from the CFTC’s Division of Market Oversight (DMO), the regulatory body will not stop Tassat from launching a swap execution facility (SEF) in Q4 2020, even after the firm failed to renew its registration following 12 consecutive months without trading.

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