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
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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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