Retail Derivatives That Pay Out With Bitcoins Approved by CFTC
Small U.S. retail investors will soon be able to buy derivatives that pay out with Bitcoins.
LedgerX, a U.S.-regulated Bitcoin derivatives exchange and clearinghouse, won approval from the Commodity Futures Trading Commission to serve as a designated contract market that will offer Bitcoin spot and physically settled derivatives contracts, including options and futures, to retail clients of any size.