Advertisement
Advertisement

Crypto clearinghouse LedgerX withdraws FTX’s request last year to CFTC

Published: Nov 14, 2022, 15:06 GMT+00:00

(Reuters) - Digital currency futures and options clearinghouse LedgerX LLC submitted to the U.S. Commodity Futures Trading Commission a formal withdrawal of FTX's request from December last year that sought to allow the crypto exchange to offer products that are not fully collateralized.

The logo of FTX is seen at the FTX Arena in Miami

(Reuters) – Digital currency futures and options clearinghouse LedgerX LLC submitted to the U.S. Commodity Futures Trading Commission a formal withdrawal of FTX’s request from December last year that sought to allow the crypto exchange to offer products that are not fully collateralized.

(Reporting by Chris Prentice in Washington and Mehnaz Yasmin in Bengaluru)

About the Author

Reuterscontributor

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products:

Advertisement