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Bitcoin Futures Get Authorized Green Light From US Regulators

Bitcoin Slips By Over $1000 In Less Than 2 Days | Crypto Market  Bitcoin Futures Get Authorized Green Light From Regulators Bitcoin market and price straategy e1510320862571
Bitcoin Futures Get Authorized Green Light From Regulators

CME Group announced on Friday that its new bitcoin futures contract will be accessible for trading on 18th of December.

The CME statement came after the Commodity Futures Trading Commission’s statement saying it will allow the world’s largest futures exchange and its competitor, to launch bitcoin contracts.

A Cantor Exchange also self-certified a new contract for bitcoin binary options, the commission stated.

Bitcoin traded 6% higher at $10,512, recovering partly from a 20 percent drop to $9,021.85 from a record high of $11,377.33 hit Wednesday, according to CoinDesk.