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NASDAQ Officially Confirms Launch of Bitcoin Futures in Early 2019

The world’s second-largest stock exchange in the world, the Nasdaq exchange, has officially confirmed its plans to launch Bitcoin futures in 2019. Late last week, unofficial reports surfaced of the exchange launching these plans, first reported by Bloomberg. Joseph Christinat, VP of Nasdaq’s media team, spoke to the UK’s daily tabloid The Express yesterday and confirmed the plans. The VP states that these futures will be listed and launched in the first half of 2019—no official date has been given at this time. Nasdaq Bitcoin Futures The launch still remains subject to approval from the US Commodity Futures Trading Commission (CFTC).Christinat told The Express: “We’ve put a hell of a lot…

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NASDAQ to launch Bitcoin Futures in 2019

Nasdaq Inc. is still planning to launch its Bitcoin futures early next year, Bloomberg reported early this morning. Two individuals familiar with the Bitcoin project told Benjamin Bain, a reporter at Bloomberg, that despite the downturned market the index still plans on offering these contracts. Bitcoin Futures Bitcoin (BTC) has plunged nearly -75% since the beginning of the year and interest in digital currencies has dramatically decreased. Still, the Wall Street exchange feels there is enough investor interest to continue its plans. One of the individuals at Nasdaq told Bloomberg that the company has been working diligently to satisfy the concerns of the Commodity Futures Trading Commission…

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Goldman Sachs Launching Bitcoin Futures Contracts Soon

Financial services company Goldman Sachs has announced its intent to launch Bitcoin futures contracts in the near future. Goldman Sachs launching Bitcoin futures contracts is a pretty big deal for the financial world. What made the investment firm take the plunge? New York Times reporter Nathaniel Popper wrote that Goldman Sachs plans to use its own money to trade Bitcoin futures contracts for its clients. The investment firm will also offer its clients its very own bitcoin futures products. “[Goldman Sachs] will also create its own, more flexible version of a future, known as a non-deliverable forward, which it will offer to clients,” continued Popper. An exact…

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United Kingdom Launches Bitcoin Futures via CoinfloorEX

Despite the cryptocurrency market taking a serious beating the past few months, the U.K has just announced some big news. Coinfloor, a London-based cryptocurrency exchange, announced that it would be starting its own bitcoin futures exchanged named CoinfloorEX. This new exchange will offer bitcoin futures “at scale” through their own specific contracts and operational controls. The futures contracts are available to traders, hedge funds, and miners. CoinfloorEX claims they will offer the first “physically delivered cryptocurrency futures contracts”, designed specifically to protect investors from price slippage on positions at the time of settlement. The settlements made by CoinfloorEX will be based on physical delivery rather than the index…

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