Crypto Options and Futures Exchange Bitnomial has announced the launch of the XRP futures contract, a product it has placed on its radar since at least October 2024. The exchange noted that the push for this product comes amid the improving regulatory clarity with the US Securities and Exchange Commission (SEC).

The Bitnomial XRP Futures Contract

As the Options exchange noted on X, this XRP Futures contract will be the first-ever CFTC-regulated offering in the United States. Bitnomial said its current clients will have access to the XRP Futures product from March 20, 2025. 

As it revealed, prospective clients can onboard with one of its three FCM Partners. These include R.J. O’Brien and Associates, Marex Capital Markets, Inc., and Bitnomial Clearing LLC. Bitnomial made this move shortly after the US SEC ended its Ripple lawsuit appeal.

This is a developing story, please check back for updates!!!

The post Bitnomial Launches XRP Futures Contract, Drops Lawsuit Against SEC appeared first on CoinGape.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed