Bitnomial Receives Full Regulatory Approval from CFTC
The digital asset derivatives exchange becomes the first in the U.S. to hold a complete set of licenses, paving the way for expansion.
- Bitnomial, a U.S.-regulated digital asset derivatives exchange, has received a derivatives clearing organization (DCO) license from the U.S. Commodity Futures Trading Commission (CFTC).
- The approval makes Bitnomial the first crypto-native exchange in the U.S. to hold a complete set of derivatives exchange, clearinghouse, and broker licenses.
- Bitnomial's new license allows it to cater to a wide range of digital asset traders, brokers, and dealers under the federal oversight of the CFTC.
- The company offers margined, physically delivered digital asset derivatives, meaning customers can gain actual ownership of digital assets on a leveraged basis.
- With the completion of the licensing process, Bitnomial plans to expand its product offering and customer base.