CBOE: Bitcoin ETFs will appear soon

Chris Concannon, president of the Chicago Board Options Exchange expressed confidence that soon there will be Bitcoin-based exchange-traded funds (ETF)
08 November 2017   2778

President of the Chicago Board Options Exchange (CBOE) Chris Concannon in an interview with Bloomberg expressed confidence that soon the financial market will have Bitcoin-based exchange-traded funds (ETF).

In general, as the CBOE head admitted, he believes in the development of the crypto-currency market and considers bitcoin a new class of asset.

With regulated futures of a certain asset class like a bitcoin, you do have an opportunity to introduce ETFs and over time we do envision ETFs coming to market.

Chris Concannon

President, CBOE

This summer, CBOE has entered into a partnership with the Gemini Winklewos Brothers Exchange; by the end of this year the exchange plans to launch a trade in crypto-currency derivatives. Like the CME Group, the Chicago Board Options Exchange is currently awaiting appropriate approval from the financial regulator. 


Binance Android App to Support CC Payments

Additionally, crypto-fiat exchange Binance Singapore was launched
25 April 2019   83

Binance has updated the application for the Android OS. Now users can buy cryptocurrency using their credit cards.

In particular, the feature of buying Bitcoin, Ethereum, Ripple, Litecoin and Bitcoin Cash with your credit card is now available.

At the same time, the launch of the Binance Singapore crypto-fiat exchange took place. So far, only one trading pair is available to users of the site - BTC / SGD, but later in the listing other coins may appear.

Singapore users need not only to create an account, but also to link it to an account in the local Xfers payment service, which provides cryptowallet approved by local regulators.

It is noteworthy that earlier Xfers was a partner of Coinbase, when the latter launched its services in Singapore, but relations between the companies were terminated.