CFTC Greenlights Bitnomial to Offer Event Contracts via No-Action Relief
The Commodity Futures Trading Commission (CFTC) has granted no-action relief to Bitnomial, a crypto-focused exchange, enabling it to offer event contracts. According to reports, divisions within the CFTC have approved this move, signaling a regulatory step forward for Bitnomial's offerings in the cryptocurrency derivatives market. The development allows Bitnomial to proceed with its plans for event-based contracts, pending adherence to specific conditions outlined by the CFTC.
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