Nasdaq’s Bitcoin Future Will be Launched During Q1 2019


Nasdaq Inc. has recently reported to still be fully committed to listing Bitcoin futures during the coming months, regardless of the currently fluctuation of the market.

Two sources that are quite intimate to the matter commented to Bloomberg that the financial giant will be moving full steam ahead.

“Nasdaq has been working to satisfy the concerns of the U.S.’s main swaps regulator, the Commodity Futures Trading Commission, before launching the contracts, the people said. The New York exchange operator, which was first reported to be eyeing Bitcoin futures last year, wants to allow trading in the first quarter of 2019, one of the people said.”

Nasdaq is seeking to join CME Group Inc, and Cboe Global Markets Inc, which launched their own contracts during the previous year.

Our Thoughts

Nasdaq’s plans to list Bitcoin futures originally surfaced during November of 2017, but as of now the company has reluctantly released any information on its official launch date to the public. While many bitcoin enthusiasts are quite excited by this, it’s still a bit worrisome on how this could effect bitcoin at whole.

Do you think this will lead towards a more positive uprising of Bitcoin or lead it towards a downward slope?

Let us know your thoughts.

 


Like it? Share with your friends!

Keith Wang

Keith Wang is a writer and programmer specializing in bitcoin and blockchain technology. Keith has been a long time believer of bitcoin and blockchain technology and spends his free time following up with blockchain news.

You may also like