The Options Exchange CBOE will launch an encrypted currency derivatives transaction in 2017


nnnThe Chicago Board Options Exchange (CBOE) issued a re-announcement this week after the Commodity Futures Trading Commission (CFTC) decided to grant LedgerX permission to allow it to liquidate and keep the encrypted currency derivatives of assets such as Bitcoin and Taisha. Which will work with Bitcoat Exchange Gemini to launch encrypted currency derivatives transactions. It is reported that the current move is still waiting for regulatory approval.n
nnTranslation: Clovern
nThe Chicago Board Options Exchange (CBOE), in cooperation with Gemini, a peer-to-peer exchange supported by investors Cameron and Tyler Winklevoss, co-launched the encrypted currency derivatives transaction.n
nAccording to the Wall Street Journal reported that the cooperation CBOE will use Gemini data in 2017 launched a special product list. And Gemini is open to traders in 2015, is a New York-based exchange that provides Bitcoin and currency transactions, as well as daily auctions of encrypted currency.n
nThe CBOE is still awaiting regulatory approvals for this initiative, which will provide institutional investors with a way to hedge the rapidly growing growth of the money market. Since the beginning of this year, the total value of all encrypted currencies has risen from $ 10 billion to $ 115 billion in June.n
nIn addition, this announcement coincides with institutional investors more and more attention to this price floating, and is looking for this technology fit its existing business model opportunities.n
nMost notably, the Commodity Futures Trading Commission (CFTC) had just decided last week to grant LedgerX permission to allow it to liquidate and keep encrypted currency derivatives of assets such as Bitcoin and currency.n

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