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Several blockchain associations in South Korea are pushing back against a government proposal they fear will stifle industry innovation.
On Monday, December 18, 2017, the first day that Chicago Mercantile Exchange Group (CME) started trading Bitcoin futures, volume was unexpectedly light. Nevertheless, CME exchanged Bitcoin future contracts for about $ 100 million USD.
CME Bitcoin Futures Debut with New Indexes
One week after Cboe launched Bitcoin futures, CME, the largest futures exchange operator, followed suit. In effect, CME launched Bitcoin futures contracts, under the symbol BTC, on Sunday, December 17, 2017, for a trade dated December 18.
The Bitcoin futures opening price for January delivery was $ 20,650 USD at 6 p.m. ET, on Sunday. According to observers, the CME Bitcoin futures debut was rather “tepid.” And, as The Wall Street Journal detailed: