KCN Federal permission for US LedgerX LLC

LedgerX became the US federal trading platform. According to Bloomberght, сryptocurrency institutional trading and clearing platform LedgerX LLC received approval from the Commodity Futures Trading Commission (CFTC) to operate as a federally regulated cryptocurrency derivative exchange and swapping center in the US. LedgerX CEO Paul Chou mentioned that the company plans to offer bitcoin/dollar option contracts with maturities of up to six months, at the end of September beginning of October. Following the bitcoin it is also planned to add other cryptocurrencies, such as ethereum, in the coming days.