RATE Group | Nasdaq to Launch Bitcoin Futures Market, Not Worried by Crypto Winter
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Nasdaq to Launch Bitcoin Futures Market, Not Worried by Crypto Winter

27 Nov Nasdaq to Launch Bitcoin Futures Market, Not Worried by Crypto Winter

Posted at 13:37h in Cryptocurrency News by

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The world’s second largest stock exchange Nasdaq is planning to introduce a Bitcoin futures market within the first quarter of 2019.

Sources told Bloomberg that Nasdaq has been cooperating with the Commodities and Futures Trading Commission (CFTC) to receive regulatory approval to operate as a compliant cryptocurrency futures market operator.

The report read:

“Nasdaq has been working to satisfy the concerns of the U.S.’s main swaps regulator, the Commodity Futures Trading Commission, before launching the contracts, the people said. The New York exchange operator, which was first reported to be eyeing Bitcoin futures last year, wants to allow trading in the first quarter of 2019, one of the people said.”

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