The CFTC has approved the launch of another swap bitcoin exchange

Cryptocurrency startup Tassat received the approval of the Commission on urgent exchange trade of the USA (CFTC) to launch a swap exchange-oriented institucionales. The company expects that the first product will be the deliverable margin a bitcoin swaps, according to The Block.

Tassat was previously called trueDigital. The firm rebranded in September as part of market access derivatives trading and institutional payments.

The company did not disclose the launch date of the exchange, adding that «actively recruiting institutional participants» and tests the product.

With the launch of deliverable bitcoin-swaps, traded with a leverage, Tassat will be a direct competitor of the exchange SeedCX, which began tests of the same derivative in August.


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