Crypto derivatives exchange Bitnomial to launch CFTC-regulated stablecoin clearinghouse Bitnomial Clearinghouse

Odaily News Crypto derivatives exchange Bitnomial announced that it plans to launch Bitnomial Clearinghouse, a derivatives clearing organization and stablecoin clearing house regulated by the U.S. Commodity Futures Trading Commission (CFTC), on January 30, 2025. It is reported that during the transition period, Bitnomial will gradually stop trading old clearing products on its platform, including processing the expiration of all legacy contracts on January 29 and listing all BNCH clearing contracts on January 30, involving physically settled Bitcoin futures and options. (prnewswire)