The U.S. Commodity Futures Trading Commission announced on April 20 that it had issued an Order of Designation to Bitnomial Exchange, LLC located in Chicago, Ill., granting it status as a designated contract market (DCM). As a result, Bitnomial joins a small number of other companies able to offer Bitcoin futures and option contracts. According to Bitnomial’s press release, “The approval allows Bitnomial to tackle a confluence of generational shifts in financial markets: First, a…
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