CME Chief: ‘We Need to Learn More’ before Adding New Cryptocurrency Futures

CME Group has said that it doesn’t plan to offer cryptocurrency futures other than bitcoin any time soon, arguing that it needs to ‘learn more’ about the market.

In December, the Chicago Mercantile Exchange (CME) launched its bitcoin futures contract, a week after fellow Chicago exchange Cboe stepped into the market. However, despite the heightened interest this brought to the sector, Terry Duffy, CME CEO, explained that the company is going slowly due to the unpredictability of the...

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