[2015-09-20] Bitcoin Derivative Platform LedgerX Nudges Closer to CTFC Approval

[jdebunt]

http://digitalmoneytimes.com/crypto-news/bitcoin-derivative-platform-ledgerx-nudges-closer-ctfc-approval/

Merging the existing financial ecosystem with the world of Bitcoin and virtual currencies is not an easy task.  While there is a clear legal framework for the financial sector, virtual currencies are facing an uphill battle when it comes to regulation and legislation.  However, there is a small light at the end of the tunnel, as Bitcoin derivatives exchange LedgerX received temporary approval from the Commodity Futures Trading Commission.