🚨 Bitnamial receives CFTC approval for fully collateralized swap contracts
According to O Daily, the cryptocurrency derivatives exchange Bitnamial has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to settle fully collateralized swap contracts. This approval allows Bitnamial to offer prediction market services, focusing on cryptocurrencies and economic events. In addition, Bitnamial's settlement function, Bitnamial Clearinghouse, can now provide a wide range of settlement services for partner prediction markets, facilitating collateral liquidity between U.S. dollars and cryptocurrencies.
