NASDAQ, Bitcoin Futures Still in Review Process

NASDAQ, Bitcoin Futures Still in Review Process

 

NASDAQ President and CEO Adena Friedman, who was in Davos,Switzerland for the World Economic Forum, said that the plan for listing bitcoin futures on the exchange is still in the exploratory stage, according to the media reports.

The Wall Street Journal has previously reported that the exchange would list bitcoin futures within the first half of this year.

Bitcoin Futures is already available on The Chicago Mercantile Exchange (CME) and Chicago Board Options Exchange (CBOE) since late last year.

However, Nasdaq and other exchanges may need a few more regulatory steps than CME and CBOE did, as the US Commodity Futures Trading Commission (CFTC) would implement a further reviewing process for new types of products, such as cryptocurrency derivatives.

It was also reported in early this month that The New York Stock Exchange (NYSE) has filed to list bitcoin ETFs.

 

https://www.ccn.com/nasdaqs-bitcoin-futures-plans-still-in-exploratory-phase/

http://www.businessinsider.com/new-york-stock-exchange-wants-to-list-a-suite-of-etfs-that-would-raise-bitcoins-volatility-2018-1