NASDAQ: launch on bitcoin (BTC) futures?

Earlier today, Ethereum World News got the news that the world’s largest financial market of the NASDAQ (Nasdaq) has started an internal bitcoin (BTC) futures contracts. Although this can be said to be a good news, but in the Bloomberg News Agency (Bloomberg) released the explosive report, a letter according to people familiar with the matter revealed the news. In order to clarify this problem, VanEck (behind the main bitcoin ETF proposal company) digital asset strategist and head of Gabor Gubaks (Gabor Gubacs) on the CoinDesk consensus investment stage, to the news comments.

VanEck is working with the NASDAQ (Nasdaq) cooperation, “a regulated crypto 2 futures market”.

According to the CoinDesk Twitter channel, in front of hundreds of spectators, Gurbacs said VanEck is working with New York’s NASDAQ Exchange, cooperation, “a regulated crypto 2 futures market”. However, as Bloomberg the first statement on the matter, VanEck and Nasdaq cooperation did not disclose too many details, it may mean that some breakthrough function is still under wraps. Because of confidentiality on the surface, many people are quick to resort to speculation, some people questioned the tool would like the Chicago Board Options Exchange (CBOE) and the Chicago Mercantile Exchange (CME) futures that use the “physical” supervision of bitcoin, but is scheduled for the end of the month as 1 launched Bakkt tools. However, whether such a NASDAQ plan to make bitcoin futures contracts the complexity of the project is still not clear, but in view of the exchange is relatively blockchain, and is listed as the price of bitcoin, positive catalyst for encryption friendly kind support is not able to. Bloomberg (Bloomberg) pointed out that the US centric platform is planning in the first quarter of 2019 to start the first high-profile encryption attempt, waiting for the U.S. Commodity Futures Trading Commission (CFTC) approved.

Translation: Kunming plus

Source: ethereumworldnews

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