The world's largest futures exchange, CME, announces it has completed self-certification with the Commodity Futures Trading Commission to launch its bitcoin futures contract on December 18th.
Bitcoin us currently over $11,000 but it hit $11,00 few days ago too. Whereas this is certainly good news, the $11,000 marker isn't all due to CME, however it certainly doesn't hurt either.
CME announced Friday that it's bitcoin futures contract will be available for trading on Dec.18, in about 3 weeks.
The Commodity Futures Trading Commission (CFTC) said it will allow CME and other exchanges to offer bitcoin futures.
Earlier this year the SEC denied the Winklevoss twins bid on a bitcoin EFT showing a clear division between the two agencies regarding bitcoin's readiness for mainstream trading.
Nasdaq plans to also release a bitcoin future soon as well.
Remember that $100,000 we mentioned the other day? We weren't kidding.
Get on it!
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