Derivatives Exchange LedgerX Launches CFTC-Regulated Bitcoin Savings Account

By News Bot On May 16, 2018 77

Cryptocurrency derivatives exchange LedgerX has launched the first bitcoin savings account regulated by the Commodity Futures Trading Commission (SEC). The new product, unveiled by the New York City-based firm on Tuesday, allows institutional investors to earn USD interest on their bitcoin holdings over three-month, six-month, and 12-month maturity periods, with target yields of up to

The post Derivatives Exchange LedgerX Launches CFTC-Regulated Bitcoin Savings Account appeared first on CCN

Posted by Josiah Wilmoth on May 16, 2018 @ https://www.ccn.com/derivatives-exchange-ledgerx-launches-cftc-regulated-bitcoin-savings-account/

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