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Topic: Reuters: Bitcoin gets boost as U.S. watchdog (CFTC) approves first swap - page 3. (Read 2886 times)

sr. member
Activity: 406
Merit: 250
Definitely a milestone for bitcoin, really happy to see so many great things happening and so much good news coming through involving bitcoin and it seems to be happening a lot more often now as well which surely is a great sign?
newbie
Activity: 28
Merit: 0
So many good news lately, wonder when whales will stop keeping the price low to buy as much cheap BTC as possible from morons before the price sky rockets again.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Bitcoin gets boost as U.S. watchdog approves first swap

TeraExchange on Friday launched a swap based on the bitcoin virtual currency, becoming the first to receive approval from a U.S. federal regulator for a financial product based on the budding

...

It took TeraExchange, which was launched in 2010, almost half a year to get the product past the regulator, the Commodity Futures Trading Commission, since first announcing its plans to launch the swap in March.

The company, one of a handful of platforms to facilitate regulated swaps trading that sprung up after the crisis, had to construct an index to gauge the value of bitcoin that the CFTC was satisfied could not easily be manipulated.



http://www.reuters.com/article/2014/09/12/us-usa-bitcoin-cftc-idUSKBN0H71FU20140912?feedType=RSS&feedName=technologyNews

http://www.teraexchange.com/


posted here because i think thats a milestone for bitcoin, isnt it?



LiteCoinGuy
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