ТrueDigital Plans to Launch CFTC-Regulated Crypto Derivatives Exchange

New York-based financial technology firm trueDigital Holdings LLC is aiming to acquire the registrations of trueEX LLC in a bid to launch a fully-regulated crypto derivatives exchange, according to a press release published on July 12. Per the release, trueDigital has concluded an agreement in principle to acquire the Designated Contract Market (DCM) and Swaps Execution Facility registrations of United States Commodity Futures Trading Commission (CFTC)-regulated exchange trueEX LLC. The deal thus is subject to CFTC approval. Upon approval, trueDigital will roll out a crypto derivatives exchange fully-regulated by the…

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