Digital asset derivatives exchange Bitnomial has announced the launch of the first-ever XRP futures regulated by the CFTC.
In addition, the firm has also dropped its lawsuit against the U.S. Securities and Exchange Commission (SEC).
Bitnomial took the SEC to court back in October, accusing the agency of attempting to overextend its jurisdiction. The lawsuit argued that Bitnomial's XRP futures were not within the SEC's statutory authority.
As reported by U.Today, the SEC dropped its appeal against Ripple earlier today, ending the multi-year legal battle.
Ripple CEO Brad Garlinghouse described the decision as a "resounding" victory for the company. He also tanked his personal attorney Matt Solomon.
The long-awaited resolution of the legal battle and the launch of regulated XRP futures have pushed the odds of XRP ETF approval to 80%.
In January, CME Group leaked information about its intention to launch XRP futures. Even though the Chicago-based derivatives giant claimed that this was an error, it is possible that such a product remains in the pipeline.
CME Group launched Solana (SOL) futures after inadvertently posting the futures page for the cryptocurrency in its staging subdomain.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。