What are the latest updates and developments on Chicago Mercantile Exchange in the cryptocurrency industry?
Joel AmpuanApr 30, 2022 · 3 years ago1 answers
Can you provide a detailed overview of the recent updates and developments on the Chicago Mercantile Exchange (CME) in the cryptocurrency industry?
1 answers
- Apr 30, 2022 · 3 years agoAbsolutely! The Chicago Mercantile Exchange (CME) has been at the forefront of innovation in the cryptocurrency industry. One of the recent developments is the introduction of Micro Bitcoin futures contracts, which allow retail investors to trade Bitcoin futures with smaller contract sizes. This initiative aims to make Bitcoin futures more accessible to a wider range of investors and promote broader participation in the cryptocurrency market. Additionally, CME has been actively exploring the possibility of launching other cryptocurrency derivatives products, such as options and index futures, to meet the evolving needs of market participants. These updates demonstrate CME's commitment to driving the growth and development of the cryptocurrency industry.
Related Tags
Hot Questions
- 84
What are the best practices for reporting cryptocurrency on my taxes?
- 83
How can I protect my digital assets from hackers?
- 81
How can I buy Bitcoin with a credit card?
- 77
What are the best digital currencies to invest in right now?
- 60
What are the tax implications of using cryptocurrency?
- 30
How does cryptocurrency affect my tax return?
- 30
Are there any special tax rules for crypto investors?
- 12
What is the future of blockchain technology?