Germany’s major exchange Deutsche Boerse says it is still “considering” Bitcoin futures but is unable to say when they might launch.
Europe’s Cautionary Stance
In comments to local industry magazine WirtschaftsWoche Wednesday, a spokeswoman from the marketplace organizer said that Bitcoin’s “significant exchange rate fluctuations” were among the factors needing a solution prior to a potential release.
“We’re considering Bitcoin futures which investors and institutional investors can use to hedge against Bitcoin or set against falling prices in the virtual currency,” the publication quotes her as saying.
The topic of debate for many of the world’s jurisdictions this month, Bitcoin futures have been a major factor in pushing up prices over $17,000 after US lawmakers gave the green light to three such products earlier this month.
CBOE will be joined by CME Group December 18 in opening up regulated Bitcoin exposure to Wall Street and other major insitutional investors.
Reactions from authorities in other countries have varied meanwhile, with Japan’s “as soon as possible” launch agenda contrasting strongly with that of South Korea, which instigated a full ban on the activity.
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