Cryptocurrencies

ICE's Chief Says Crypto Trading Is a ‘Trend We Can't Ignore’

ICE CEO Jeffrey Sprecher "wouldn’t rule out" the possibility of adding futures contracts on digital currencies.(Source: Bloomberg)
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Intercontinental Exchange Inc., the owner of New York Stock Exchange, on Monday refused to rule out starting futures contracts on digital currencies, following in the footsteps of two of its rivals.

“There is a trend here we can’t ignore in my mind, so I don’t discount it,” Jeffrey Sprecher, ICE’s chief executive officer, said in an interview on Bloomberg TV. “People put more faith in a guy named Satoshi Nakamoto that no one has ever met than they do in the U.S. Fed,” he said, referring to the founder of bitcoin.