Bitcoin News: News about Nasdaq preparing to list Bitcoin Futures has been making the rounds, however, it wasn’t confirmed, until now. The UK’s Daily Express newspaper confirms that the New York-based stock exchange, NASDAQ will indeed list bitcoin futures by the Q1 2019.
According to the Express’s article, Joseph Christinat, the Vice President of Nasdaq’s media team confirmed:
“Bitcoin Futures will be listed and it should launch in the first half of next year”.
Furthermore, Christinat said that Nasdaq was awaiting the green light from the Commodity Futures Trading Commission (CFTC), suggesting that was virtually signed and sealed. He further stressed that current volatility in the market has bearing whatsoever on the decision to press ahead with the listing.
“We’re doing this, and it’s happening.”
Market analysts around the world welcome this move. David Cheetham of London’s XTB described the news as a “game changer”. the publishing quoted him:
“It sounds like Nasdaq have obviously been working on it for quite some time, which means this isn’t a knee-jerk reaction or jumping on the bandwagon – this is a serious plan.”
Chris Beauchamp, IG Group’s Chief Market Analyst believes that brokers and traders alike would greet the announcement warmly, adding:
“It will also bring more visibility and transparency to a market which has no regulation.”
A New York-based observer John Wintnerbusch added:
“This is it – this is the tipping point that people will look back upon in years to come and say that’s where cryptocurrency came into its own. Once Bitcoin is listed on Nasdaq’s boards, there’ll be no stopping the march towards cryptocurrency as the future of finance.”