RATE Group | Cboe to Launch Ethereum Futures Before the End of 2018
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Cboe to Launch Ethereum Futures Before the End of 2018

30 Aug Cboe to Launch Ethereum Futures Before the End of 2018

Posted at 23:31h in Ethereum News by

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A remarkable leap forward for the Ethereum community, and the overall cryptocurrency, is on the cards as Cboe, the largest options and futures exchange in the U.S., told market makers that the debut of Ether futures is getting close. The exchange is, however, waiting on additional clarity from the CFTC.

This fresh development with potentially far-reaching consequences could take place by the end of 2018, Business Insider reports citing a person with knowledge of the situation.

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To help jump-start that process, Cboe is reportedly basing the upcoming ether futures on the underlying market of the cryptocurrency platform Gemini, founded and run by Tyler and Cameron Winklevoss.

Cboe was already exploring the Ethereum cryptocurrency with a $29 billion market value in a number of different ways. It has also built related products in the background, while waiting for additional clarity.

However, the problem has been the U.S. regulatory uncertainty that was…

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