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Tassat Regains CFTC ‘No-Action’ Relief Ahead of Eventual Bitcoin Swaps Contract Listing

Tassat Gains CFTC ‘No-Action’ Relief Ahead of Eventual Bitcoin Swaps Contract Listing

Tassat Derivatives plans to list a bitcoin swaps contract in late 2020 despite a bevy of delays that caused the firm’s Swaps Execution Facility (SEF) registration to fall dormant. The Commodity Futures Trading Commission (CFTC) on Tuesday pledged not to punish Tassat if it premieres its contract before regaining SEF registration by granting the firm no-action relief.