Bitcoin Derivatives Platform TeraExchange to Go Public in Merger
MGT Capital has entered into an agreement with Tera Group that would find the regulated bitcoin derivatives platform operator going public.
TeraExchange
Thanks to a recent venture capital infusion, bitcoin swaps firm LedgerX is closer to final approval from the CFTC to open for business.
The CFTChas granted registration to a trading platform that was an early entrant in the US market for financial derivatives tied to bitcoin.
The regulatory body deemed the exchange dormant because it had no trading activity in the three years following its registration with the CFTC.
The US CFTC has settled charges against bitcoin swap facility TeraExchange for failing to enforce trading prohibitions.
TeraExchange Adds Former NYSE Head as Advisor
Mar 23, 2015
Former New York Stock Exchange (NYSE) CEO Duncan Niederauer has joined regulated bitcoin futures exchange TeraExchange as an advisor.
TeraExchange
