> Isn't there a startup that's already applied for CFTC approval? Well, there's TeraExchange which applied with the CFTC for trading dollar-denominated bitcoin

> Isn't there a startup that's already applied for CFTC approval? Well, there's TeraExchange which applied with the CFTC for trading dollar-denominated bitcoin swaps that are written, quoted and settled in US dollars. Recently (days ago) the CFTC approved LedgerX for temporary registration as a Swap Execution Facility, which is one of the (multiple) registrations required pursuant towards LedgerX providing bitcoin options trading, as well as bitcoin clearing and settlement in actual bitcoin. Disclaimer: guess what