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CME Group Eyes Bitcoin Trading Amid Surging Wall Street Demand

Benzinga ·  May 17 00:01

CME Group, the world's largest futures exchange, is gearing up to introduceBitcoin(CRYPTO: BTC) trading, seizing the opportunity presented by the growing appetite for cryptocurrencies among Wall Street's money managers.

What Happened: The Chicago-based CME has been engaging in discussions with traders interested in buying and selling bitcoin on a regulated platform, Financial Times reported on Thursday, quoting three insiders familiar with the negotiations.

This initiative, though not yet finalized, signals a significant step by major Wall Street firms into the realm of digital assets.

It follows the U.S. Securities and Exchange Commission's January...

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