Terrence A. Duffy, CME Group Chairman and CEO, has told about the project of his company to Bloomberg, and we might have just witnessed the first signs of merge of the traditional, “big” market, and the cryptocurrency market.
In his statements, Mr. Duffy constantly reminded about the lack of regulation on the market that cryptocurrency traders currently use, and he implied that his platform would drastically change this, as it will have all means of risk control, clearing, audit, so that the market becomes more reliable. He added that the United States Commodity Futures Trading Commission would closely observe this enterprise and since the first stages of development, CME Group made sure the government is not against this trading platform.
When asked about cryptocurrency forks and how to determine which Bitcoin is real after them, Terry Duffy made clear his company is aware of this issue but provided no further clear comment on the matter, implying, however, that the SegWit2x situation would be...Read more
Topic: [2017-11-01] Terry Duffy’s promising bitcoin futures platform (Read 2106 times)
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