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RE: Buckle Up: NYSE Files For Leveraged, Inverse Bitcoin ETFs

in #bitcoin7 years ago

A very important topic I am grateful to you for the valuable information
A federal regulatory body for the first time gave green light on Friday to Wall Street financial firm CME to begin issuing bitcoin futures.

The Commodity Futures Trading Commission (CFTC) - the main federal trading regulator - was then traded on bitcoin futures contracts after six weeks of discussions, the Associated Press reported.

The company, which owns the Chicago Mercantile Exchange, said it would begin trading futures contracts for the first time to trade in that currency
On Wall Street

In its new step, the company complies with a process known as a "self-certification" under which it undertakes not to violate any of the federal securities laws when trading in that currency.

With this decision, some of the bitcoin markets underwent federal regulation in the US for the first time, and allowed bitcion trading to a larger group of investors and traders, who were reluctant to buy the virtual currency.

John Conlev, deputy governor of the Central Bank of Britain, said the bitcoin currency was not
In a size that poses a threat to the global economy, with the digital currency rising to a record high above 19k in a major trading platform. :D