CME Group May Launch Bitcoin Futures In December CME Group Chairman Terry Duffy told CNBC that the launch of Bitcoin futures on the largest derivatives platform could take place as early as next month.

CME Group May Launch Bitcoin Futures In December

CME Group Chairman Terry Duffy told CNBC that Bitcoin futures on the largest derivatives platform could be launched as early as next month.

Recall that the possible launch of futures contracts that will allow traditional investors to work with bitcoin on a fully regulated platform, CME Group announced at the end of last month, which set the cryptocurrency market in motion..

“I think sometime in the second week of December the contracts will be ready for listing,” said Duffy..

He also explained how the new futures will work: “Some people tell me, 'What are you going to do when the rate goes to zero?' I'm not going to let it go to zero. I'm going to do something. If the market starts to fall sharply, we will suspend trading. If we decide that the product has lost relevance, we have longs, we have shorts, we will compare and calculate them. These are our current rules ".

Photo: pedrosek

Similar articles

• CME Group Set a Launch Date for Bitcoin FuturesCME Group has unveiled new details for upcoming Bitcoin futures contracts. If a positive decision on the company's application is made on time, the launch of new derivatives may take place on December 11. Information about this was published on the website of the trading platform.

  CME Group Set a Launch Date for Bitcoin Futures CME Group has unveiled new details of upcoming Bitcoin futures contracts. If a...

• OKEx has suspended accepting deposits in ERC-20 tokensOKEx cryptocurrency exchange announced the suspension of accepting deposits in Ethereum tokens of the ERC-20 standard.

  OKEx exchange has suspended accepting deposits in ERC-20 tokens OKEx cryptocurrency exchange announced the suspension of accepting deposits in Ethereum standard tokens...

• OKEx will launch perpetual margin swaps for 9 cryptocurrencies with USDT on December 16OKEx will launch new perpetual swaps for a range of cryptocurrencies paired with USDT stablecoin on December 16, with the ability to use leverage from 0.01x to 100x, according to a press release provided by TTRCoin this Thursday..

  OKEx will launch perpetual margin swaps for 9 cryptocurrencies in pairs with USDT on December 16 OKEx Exchange will launch new perpetual swaps for a number on December 16...