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Bitnomial drops SEC lawsuit ahead of XRP futures launch in the US

cryptoweekly by cryptoweekly
March 20, 2025
in bitcoin, News
0

Bitnomial sued the SEC in October, after the agency said they had to register as a securities exchange before listing XRP futures.

Crypto exchange Bitnomial has voluntarily dismissed its lawsuit against the US Securities and Exchange Commission ahead of launching its Ripple XRP futures in the United States.

The Chicago-based firm said in a March 19 statement to X that its XRP (XRP) futures are regulated by the US Commodity Futures Trading Commission and will be available from March 20 for current users.

“Bitnomial is launching the first-ever CFTC-regulated XRP futures in the US — physically settled for real market impact,” Bitnomial said.

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Recent Posts
  • Coinbase revenue falls 10% in Q1, missing industry estimate
  • SEC’s Crenshaw slams Ripple settlement, warns of ‘regulatory vacuum’
  • Finally blast into space with Justin Sun, Vietnam’s new national blockchain: Asia Express
  • Meta exploring stablecoin integration for payouts: Report
  • Wellgistics Health to integrate XRP into payment infrastructure
  • Former FTX exec's wife says gov't 'induced a guilty plea'
  • Bitcoin options could pave the path for new BTC price highs — Here is how

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