CFTC Grants Bitnomial Exchange, LLC Status as a Designated Contract Market
The Commodity Futures Trading Commission (CFTC) announced that it has issued an Order of Designation to Bitnomial Exchange, LLC (Bitnomial Exchange), granting it status as a designated contract market (DCM), effective April 20, 2020. Located in Chicago, Bitnomial Exchange is a limited liability company formed under Delaware state law. Bitnomial Exchange must comply with all provisions of the Commodity Exchange Act and all requirements in the CFTC’s regulations applicable to DCMs, as well as all representations and submissions made by Bitnomial Exchange in connection with its application for designation as a contract market.
For more information, please see the CFTC release, available here.