German stock exchange to launch Bitcoin futures

Representatives of biggest securities marketplace in Germany Deutsche Boerse are talking  about whether to list Bitcoin futures on Eurex
15 December 2017   675

Executives of Deutsche Boerse, a marketplace organizer for the trading of shares and other securities, are discussing the possibility of launching Bitcoin futures on Eurex, the international exchange and the largest European futures and options market. This was reported by Wirtschaftswoche, a German weekly business news magazine.

We are thinking about futures, with which private investors and institutional investors can protect existing investments in Bitcoin or set for falling prices of the cyber currency.

Spokeswoman of Deutsche Boerse

It was stated that the company is considering launching Bitcoin futures trading, but did not yet make a clear decision on that. Primarely Deutsche Boerse aspires to clarify how to deal with the volatility of cryptocurrency in order to avoid price manipulation.

Previously, we have reported that CME GroupCboe exchange holding company, Nasdaq Inc and J.P. Morgan banking service unveiled their plans to launch Bitcoin futures, and Cboe exchange has already done that. However, South Korea banned securities firms to introduce Bitcoin futures trading.

Arizona to Protect Crypto Nodes Legally

According to the public records, proposed protections for cryptocurrency node operators are moving ahead in Arizona's legislature
21 February 2018   44

On February 6 House Bill 2602 was filed by Representative Jeff Weninger (R.-17). It passed the Arizona House of Representatives on February 20 with 55 out of 60 votes. Now it will be sent to the State Senate.

The bill will prevent governments in the state from imposing restrictions on people who run nodes in their residences.

The bill does not specify whether it is restricted to cryptocurrency miners. However, the bill states that individuals using computing power to either validate or encrypt a transaction on a blockchain are protected.

This is just one out several bills making their way through the Arizona legislature. Another bill by Weninger would formally define the terms "coin", "blockchain," and "initial coin offering" within the state's legal framework.

Another bill recently passed by the Arizona Senate which would empower the state government to accept taxes in bitcoin and other cryptocurrencies.