CME releases relevant Bitcoin futures details

Now the CME Bitcoin futures launch may be delayed
01 December 2017   1417

Chicago Mercantile Exchange Group Inc stated on their website that effective Q4 2017, and pending all relevant regulatory review periods, please be advised that Bitcoin futures will be launched. The relevant bit being about relevant regulatory review periods.

Right when all the rage about Bitcoin futures is taking place around the world, even NASDAQ has jumped on the bandwagon yesterday, promising their own futures to release in 2018, CME updated their site with new bit of info many will find disappointing. As of today, the page about upcoming CME Bitcoin futures received a red-highlighted note of launch being postponed pending regulatory review.

Miners and BTC traders all over the world wait for the CME to join the market. Founded more than a century ago, Chicago Merc right now is the largest futures exchange company. Their entrance in the BTC trading would have a severe impact on the system, providing the alternative to current trading platforms.

The delay is caused by the Commodity Futures Trading Commission (CFTC) demanding changes to some aspects of contracts as quoted from the CFTC spokesperson's, Ms Erica Elliott Richardson, interview. The concerns about bitcoin futures expressed by some market participants has played a large role in the ongoing closer examination, she revealed. Also, as said, the CFTC staff will be holding the stress testing and risk-monitoring activities once the contracts are launched.

All this information strongly contributes to the skeptics' doubt, that the launch will take place this year. Right now no further information about possible launch date is released by either CME themselves or other market participants.

BTC Extortionists to Send Explosion Threats In US & CA

Police reported that explosive devices in the places specified by extortionists were not found
14 December 2018   79

In Canada and the United States, local businesses and residents received letters threatening to detonate a bomb if they did not send bitcoins to extortionists. Because of this, in some regions, law enforcement officers evacuated people from bus stations, schools and airports, reports Global News.

Extortionists threatened to blow up universities, schools, city halls and local businesses in the US states of Utah, Aidaxo, New York, Oklahoma and Illinois. The New York City Police Department urged residents not to panic or send bitcoins to criminals. Police also reported that explosive devices in the places specified by extortionists were not found.

In Canada, extortionists promised to blow up buildings and car dealerships in Toronto, Edmonton, Ottawa, Calgary and Montreal. Some residents of the attackers asked for a ransom in bitcoins in the amount of $ 20 thousand. After verification, the Calgary police stated that the messages were part of phishing attacks and did not pose a threat to the public.