Bitnomial to offer XRP futures following Ripple lawsuit settlement

2025/03/20 22:32 (Updated 2025/04/14 15:03)
CoinPost
Written by A.Yamada
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Bitnomial to offer XRP futures following Ripple lawsuit settlement

First in the U.S. to offer CFTC-compliant XRP futures

The first in the US to offer CFTC-compliant XRP futures

Cryptocurrency derivatives exchange Bitnomial announced that it will launch the first CFTC-compliant XRP futures in the US on the 20th (US time).

In addition, with the regulatory clarification as a backdrop, it will voluntarily withdraw its lawsuit against the US Securities and Exchange Commission (SEC).

The background to this is that the SEC decided to withdraw its appeal in a lawsuit against Ripple, Inc., which deemed XRP an unregistered security. In this case, the district court ruled that sales of XRP on public exchanges did not qualify as a security.

The SEC under the Biden administration has...

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Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.