Ethereum surges on possibility of CFTC approved futures contract

Ethereum surges on possibility of CFTC approved futures contract

The US Commodity Futures Trading Commission (CFTC) is willing to approve an ether futures contract, reports indicate. The CFTC, which oversees the US derivatives markets, has already allowed bitcoin futures markets to launch, with both CME Group and Cboe Global Exchange offering cash-settled contracts at the end of 2017. Now, the regulator is willing to oversee a similar product for ether.

Timothy
Timothy
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