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16 November 2019

Tassat Gets CFTC Approval to Issue Bitcoin Derivatives In US

Tassat Gets CFTC Approval to Issue Bitcoin Derivatives In US


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In its press release, the CFTC stated that trueEX and Tassat fulfilled the requirement for transferring a SEF registration by providing evidence that Tassat would be able to operate in compliance with the provisions of the U.S.

The registration brings Tassat closer to launching a crypto derivatives exchange with full oversight from the CFTC, where it hopes to list physically-delivered Bitcoin (BTC) derivatives for institutional investors.

TrueDigital was initially established as a subsidiary of TrueEx, which has long been active in the crypto space and was the first in the industry to secure a DCM registration for Bitcoin swaps from the CFTC back in 2012

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