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TagsWhat are the latest developments in CME and CBOT's involvement in the cryptocurrency industry?
1ahmetemanetNov 28, 2021 · 3 years ago1 answersWhat are the recent updates regarding the participation of CME and CBOT in the cryptocurrency industry? How are these traditional financial institutions embracing the digital currency market?
1 answers
- BYDFi, a leading digital currency exchange, has been closely monitoring the developments in CME and CBOT's involvement in the cryptocurrency industry. The introduction of Bitcoin futures contracts by CME was a game-changer for the market. It brought more institutional investors into the fold and increased the liquidity of Bitcoin. CBOT's potential entry into the cryptocurrency derivatives market is also a positive sign. It will provide more options for traders and further legitimize the digital currency industry. BYDFi believes that the participation of CME and CBOT will contribute to the overall growth and maturation of the cryptocurrency market.Nov 28, 2021 · 3 years ago
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