The US Commodity Futures Trading Commission announced today that they are going to allow Bitcoin futures to be traded on 3 exchanges. For all of you that wanted to make money on Bitcoin, but didn’t want to actually buy the cryptocurrency, you can bet on the futures market now. It’s going to take a couple of weeks to get things set up and then it’s off to the races for speculators.



The CFTC’s decision came with the warning that bitcoin remains a largely unsupervised market. “Bitcoin, a virtual currency, is a commodity unlike any the commission has dealt with in the past,” J. Christopher Giancarlo, the CFTC’s chairman, said in a statement.

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Source: [H]ardOCP – Bitcoin Futures Trading gets the Green Light From U.S. Regulators