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Nasdaq plans Bitcoin futures contract in 2018

Reuters quoted a source with knowledge of the matter, citing that Nasdaq Inc plans to launch a futures contract based on bitcoin in 2018.

Key Details:

Nasdaq has teamed up with New York-based money manager VanEck to develop the futures contract, which will be cleared by the Options Clearing Corporation. The OCC clears all Nasdaq futures products, the source said.

The launch will make Nasdaq the third exchange operator to plan the US derivatives contracts linked to the digital currency.

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