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Bitnomial drops its lawsuit against the SEC as it gets ready to launch XRP futures
Bitnomial’s XRP futures is set to begin trading on March 20 The exchange filed a lawsuit against the US Securities and Exchange Commission (SEC) in 2024 for “overextend[ing] its jurisdiction to digital asset derivatives.” Ripple’s CEO, Brad Garlinghouse, announced yesterday that the SEC is to drop its lawsuit against Ripple Crypto exchange Bitnomial has voluntarily […] The post Bitnomial drops its lawsuit against the SEC as it gets ready to launch XRP futures appeared first on CoinJournal.
- Bitnomial’s XRP futures is set to begin trading on March 20
- The exchange filed a lawsuit against the US Securities and Exchange Commission (SEC) in 2024 for “overextend[ing] its jurisdiction to digital asset derivatives.”
- Ripple’s CEO, Brad Garlinghouse, announced yesterday that the SEC is to drop its lawsuit against Ripple
Crypto exchange Bitnomial has voluntarily dropped its lawsuit against the US Securities and Exchange Commission (SEC) as it prepares to launch its XRP futures in the US.
In a post on X, Bitnomial said:
“Bitnomial is launching the first-ever CFTC-regulated $XRP futures in the U.S. — physically settled for real market impact. Plus, we’ve voluntarily dismissed our case against the SEC as regulatory clarity improves.”
