Global #XRP Futures

Bitnomial, a crypto derivatives exchange company, has announced the upcoming launch of its Botanical platform, a U.S.-regulated perpetual futures trading platform.

In the wake of the SEC's decision to maintain its stance in the Bitnomial case—where the crypto derivatives exchange contested the classification of XRP futures as “security futures”—Ripple CEO Brad Garlinghouse has voiced his frustration.

On October 10, 2024, Bitnomial Exchange LLC took a significant legal step by filing a complaint in the United States District Court for the Northern District of Illinois against the U.S. Securities and Exchange Commission (SEC).