Bitnomial launches XRP futures product

Bitnomial, a cryptocurrency derivatives exchange, announced via a press release that it has launched an XRP futures product. Bitnomial’s XRP U.S. Dollar Myra Futures (ticker: XRUY) is the first XRP futures product in the United States that is compliant with Commodity Futures Trading Commission (CFTC) regulations and adopts a physical delivery method. CoinNess previously reported that Bitnomial plans to withdraw its lawsuit against the U.S. Securities and Exchange Commission (SEC) after receiving regulatory approval from the CFTC for the launch of XRP futures.