LedgerX LLC received temporary registration as a swap execution facility by the Commodity Futures Trading Commission. LedgerX applied for registration as a SEF and a derivatives clearing organization in order to list and clear fully collateralized, physically settled options on Bitcoin. LedgerX’s application for designation as a DCO is still pending. (Click here for further details regarding LedgerX’s proposed business in the article “LedgerX Seeks CFTC Designation as a Clearinghouse and Swap Execution Facility for Bitcoin Options” in the December 21, 2014 edition of Bridging the Week.)