CME Group Plans to Launch Bitcoin Futures Before The Year Ends
The world's largest derivaties exchange, CME Group has recently announced its plan to launch Bitcoin Futures within the 4th quarter of this year.
Photo Credit: https://www.cmegroup.com
The Bitcoin futures will be cash-settled in reference to the CME CF Bitcoin Reference Rate or Price Index which was launched last year.
If granted by the regulators, the exchange will be the second one to be regulated by the U.S. government to offer Bitcoin derivatives to institutional traders.
Following the CME's announcement, Bitcoin's price surge to $6,400, a new all-time high.
A University In Vietnam Is Planning To Accept Bitcoin Tuition Fees
Despite Central Bank ban in the country, FPT, a private university in Vietnam plans to accept tuition fees in Bitcoin.
FPT has campuses in three major cities of Vietnam Ho Chi Minh, Da Nang anf Hanoi.
The University will soon accept Bitcoin as tuition fees from foreign students and they believe that foreign students can besiege strict cryptocurrency controls in their respective countries.
The University is also looking to study cryptocurrencies like Bitcoin to be included in their curriculum, particularly in banking, finance and sbusiness management.
They see this move to bolster the number of foreign students in the university.
Headlines for the world of Cryptocurrencies - October 31, 2017The Upcoming Devcon Three, Ethereum's Developer Summit / Bitcoin Is Celebrating Its 9th Birthday Today October 31, 2017 |
|---|
Headlines for the world of Cryptocurrencies - October 30, 2017Coinone, Second Largest South Korean Exchange Integrates Litecoin / Bitcoin Traders in China Could Benefit From Huobi-Pro And OKEx P2P Trade Launch |
Headlines for the world of Cryptocurrencies - October 29, 2017News Say China Might Resume Bitcoin Trading Soon / South Korea Moving Forward With A Bill To Regulate Cryptocurrency Related Criminal Activities |
