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The New York Stock Exchange is working on its own bitcoin trading platform. According to a new report from The New York Times, Intercontinental Exchange (ICE), the parent company of NYSE, reportedly plans to offer traders a swap contract that will allow customers to get their hands on Bitcoin the following day, along with the backing and stamp of approval of the exchange.
This type of contract brings further legitimacy to the transaction because it puts the trading under the oversight and regulation of the Commodity Futures Trading Commission.
The report further goes to say that currently, the details of the trading platform have been kept confidential and absolutely under wraps, as the ICE spokesperson refused to comment anything about the launch of the trading platform.
But the report further goes to say that with the growing concerns of the Bitcoin’s negativ...
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