CME announced Friday its new bitcoin futures contract will be available for trading on Dec.18.
The CME announcement came as the Commodity Futures Trading Commission said it will allow the world’s largest futures exchange and its competitor, the Cboe Futures Exchange, to launch bitcoin contracts. A Cantor Exchange also self-certified a new contract for bitcoin binary options, the commission said.
Bitcoin traded more than 6 percent higher at $10,539, recovering partly from a 20 percent drop to $9,021.85 from a record high of $11,377.33 hit Wednesday, according to CoinDesk.
