Deutsche Börse Reportedly Considering Launch of Bitcoin Futures

Deutsche Börse has announced that it is considering launching Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term futures, according to local newspaper WirtschaftsWoche.

The giant exchange is still investigating the subject, but if the move happens, Bitcoin futures contracts will be offered on the Eurex derivative exchange.

The backdrop to this is that two American exchanges have been stealing headlines lately with their Bitcoin futures contracts launched or to be launched imminently. At the time of writing, the price of a single bitcoin is pushing USD 17,000, according to Coindesk.

Bitcoin is currently a very valuable asset, and now that the first major financial institutions have taken it on, others must soon follow.

Bitcoin has been considered a unit of currency in Germany since 2013, and is taxed. It is thus a relatively mature market. According to Reuters, the German finance ministry is carefully monitoring the impact of Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term on markets.

Last week, CBOE's circuit breakers were triggered twice by major spikes in the price of Bitcoin following the initiation of Bitcoin futures trading, which attracted mainly retail traders. CME Group is to launch the same product on the 18th.