RATE Group | Futures contract to pay out in Bitcoin – American Security Resources Corp. (OTCMKTS:ARSC…
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Futures contract to pay out in Bitcoin – American Security Resources Corp. (OTCMKTS:ARSC…

21 Dec Futures contract to pay out in Bitcoin – American Security Resources Corp. (OTCMKTS:ARSC…

Posted at 12:20h in Bitcoin News by

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The first futures contract, launched by the Intercontinental Exchange (NYSE:ICE), that will pay out in cryptocurrency rather than cash is expected to soon get regulatory approval from the Commodity Futures Trading Commission, WSJ reports.

Bitcoin futures currently allow investors to bet on the price of the cryptocurrency. Other bitcoin-futures contracts exist but they pay out in dollars.

Bitcoin +7.2% to $4,010.

Related tickers: OTCQX:GBTC, COIN, RIOT, OSTK, MARA, UEPS, OTC:BITCF, XNET, GROW, OTCPK:BTSC, OTCQB:BTCS, OTCQB:MGTI, OTCPK:BTLLF SRAX, OTCPK:GAHC, OTC:ARSC, OTCPK:USTC, OTCPK:BLKCF, COINB, BTC-USD, ETH-USD, XRP-USD, BCH-USD, LTC-USD

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