This is going to be the start of tons of different markets being opened up. I am really glad they are putting the price range limits in place. With how volatile crypto can be it is really necessary. I can only imagine down the road the number of derivatives that will exist, and if volatility is the same but there are no range limits in place, there will definitely be people getting killed when a flash crash or big boom occurs.
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Yes, great point. No one likes a flash crash... some regulation is needed in these markets.