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news: Big banks say bitcoin futures could be dangerous

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DANGERS OF BITCOIN FUTURES. THE FUTURES INDUSTRY ASSOCIATION, WHICH REPRESENTS BIG BANKS AND BROKERS, HAS WARNED U.S. REGULATORS THAT THE RISKS OF TRADING BITCOIN FUTURES CONTRACTS HAVE NOT BEEN PROPERLY STUDIED.
IN AN OPEN LETTER TO THE U.S. COMMODITY FUTURES TRADING COMMISSION, THE FIA SAID THAT THE SPEEDY CERTIFICATION OF BITCOIN FUTURES DOES "NOT ALLOW FOR PROPER PUBLIC TRANSPARENCY AND INPUT."
THE CHICAGO MERCANTILE EXCHANGE AND THE CHICAGO BOARD OPTIONS EXCHANGE PLAN TO START LISTING THE CONTRACTS LATER THIS MONTH.

THE NASDAQ WILL LAUNCH ITS OWN BITCOIN FUTURES IN 2018.
ANALYSTS SAY THAT ANNOUNCEMENTS FROM THE EXCHANGES HAVE HELPED PROPEL BITCOIN PRICES TO NEW HEIGHTS, BECAUSE THE MOVES WERE SEEN AS SIGNS THAT BIG MAINSTREAM INVESTORS ARE BECOMING INTERESTED.
BITCOIN (XBT) PRICES HAVE GAINED OVER $4,000 IN THE PAST 48 HOURS TO SMASH THROUGH $16,000.



news: Big banks say bitcoin futures could be dangerous

No Plot Image

DANGERS OF BITCOIN FUTURES. THE FUTURES INDUSTRY ASSOCIATION, WHICH REPRESENTS BIG BANKS AND BROKERS, HAS WARNED U.S. REGULATORS THAT THE RISKS OF TRADING BITCOIN FUTURES CONTRACTS HAVE NOT BEEN PROPERLY STUDIED.
IN AN OPEN LETTER TO THE U.S. COMMODITY FUTURES TRADING COMMISSION, THE FIA SAID THAT THE SPEEDY CERTIFICATION OF BITCOIN FUTURES DOES "NOT ALLOW FOR PROPER PUBLIC TRANSPARENCY AND INPUT."
THE CHICAGO MERCANTILE EXCHANGE AND THE CHICAGO BOARD OPTIONS EXCHANGE PLAN TO START LISTING THE CONTRACTS LATER THIS MONTH.

THE NASDAQ WILL LAUNCH ITS OWN BITCOIN FUTURES IN 2018.
ANALYSTS SAY THAT ANNOUNCEMENTS FROM THE EXCHANGES HAVE HELPED PROPEL BITCOIN PRICES TO NEW HEIGHTS, BECAUSE THE MOVES WERE SEEN AS SIGNS THAT BIG MAINSTREAM INVESTORS ARE BECOMING INTERESTED.
BITCOIN (XBT) PRICES HAVE GAINED OVER $4,000 IN THE PAST 48 HOURS TO SMASH THROUGH $16,000.



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