The regulatory body deemed the exchange dormant because it had no trading activity in the three years following its registration with the CFTC.
Thanks to a recent venture capital infusion, bitcoin swaps firm LedgerX is closer to final approval from the CFTC to open for business.
The CFTChas granted registration to a trading platform that was an early entrant in the US market for financial derivatives tied to bitcoin.
The US CFTC has settled charges against bitcoin swap facility TeraExchange for failing to enforce trading prohibitions.
Former New York Stock Exchange (NYSE) CEO Duncan Niederauer has joined regulated bitcoin futures exchange TeraExchange as an advisor.
MGT Capital has entered into an agreement with Tera Group that would find the regulated bitcoin derivatives platform operator going public.
A former executive director of Goldman Sachs in London has launched a bitcoin derivatives exchange called Crypto Facilities.
Bitcoin derivatives fall under the remit of the Commodity Futures Trading Commission, the body's chairman has claimed.
Derivatives broker Nadex plans to launch bitcoin binary options next month, pending approval from the CFTC.
CFTC commissioner Mark Wetjen has spoken out in favour of flexible bitcoin regulation in the derivatives space and beyond.
TeraExchange has partnered with cryptocurrency security firm BitGo, aiming to bring traditional trading standards to the bitcoin industry.
TeraExchange has launched the first financial instrument tied to bitcoin following approval from US regulators.