Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap: $2,962,519,758,909
24h Vol: $110,609,341,992
Cryptocurrencies: 13105
Markets: 101189
CoinInsight360.com logo CoinInsight360.com logo
ENG
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino
$2,962,519,758,909
Market Cap
$110,609,341,992
24h Vol
13105
Cryptocurrencies
60.37%
Bitcoin Share
crypto.news 2025-03-19 17:06:56

Bitnomial launches first XRP futures in U.S. after SEC drops Ripple case

Bitnomial launches first XRP futures in U.S. after SEC drops Ripple case

Crypto derivatives exchange Bitnomial has officially launched its XRP futures contract following the latest developments in the Ripple case. On March 19, 2025, Ripple chief executive officer Brad Garlinghouse announced that the U.S. Securities and Exchange Commission had dropped its appeal in the regulator’s case against Ripple. Shortly after, Bitnomial said it was dropping it’s own case against SEC. More than that, the crypto derivatives exchange revealed the launch of its XRP( XRP ) futures contract, the product that informed the lawsuit against the then Gary Gensler led SEC. With the SEC now under new leadership and a pro-crypto stance under President Donald Trump, Bitnomial is moving forward with its product rollout. You might also like: Bitnomial receives CFTC nod for derivatives clearing in US In its announcement, Bitnomial said it had “voluntarily withdrawn” its own suit against the regulator. That initial lawsuit came in October 2024, the firm suing the agency after the SEC claimed jurisdiction over the proposed XRP futures product. According to Bitnomial, the XRP futures contract will go live this Thursday, with approval from the Commodity and Futures Trading Commission. “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,” the exchange wrote in an X post. According to Bitnomial, current clients can access the XRP futures contracts beginning March 20, 2025. Meanwhile, all prospective clients will have an opportunity to onboard with one of the crypto derivatives exchange’s futures commission merchant partners. FCM partners are entities that help investors buy and sell futures contracts. For Bitnomial, they include Bitnomial Clearing, an exchange affiliated futures commission merchant. XRP price rose sharply after the Ripple announcement and could continue higher amid further bullish projections. Read more: Top 3 XRP tokens to buy after the end of SEC vs Ripple case

Most Read News

$2,962,519,758,909
Market Cap
$110,609,341,992
24h Vol
60.37%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.