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Novig files DCM registration application with CFTC
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Novig files DCM registration application with CFTC
Novig has applied to the Commodity Futures Trading Commission (CFTC) to secure a designated contract market (DCM) license and pave the way to become a federally regulated prediction markets platform. As per CFTC filings submitted last week, Novig applied for the license under the Ludlow Exchange LLC banner. The application was signed by co-founder and CEO Jacob Fortinsky. As part of the request, Ludlow Exchange is listed with a New York address.…
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