Huge Revolution in Cryptoland!
My fellow Steemians,
After Nasdaq, the New York Stock Exchange reveals plans to trade cryptocurrencies.
But unlike other future Crypto exchanges, the NYSE wants to settle the contracts in Bitcoin.
This can be a strong driving force for the mainstream acceptance of the world's biggest Crypto.
Where the CME, CBOE and possibly the Nasdaq will settle Bitcoin futures in fiat currency, the us dollar, the NYSE will settle the crypto swaps in real Bitcoins.
thecryptotea.com
The physical delivery of Bitcoin…means that ICE has a custody solution. That has been the big hurdle. How do you hold onto these assets? These are generally bearer instruments…and so you have to have a third-party custody person. That’s the big deal, they have come up with a custody solution for institutional holders.”
This can open the flood gates for institutional money and accomodate big price moves for the complete crypto market.
Thank you for reading!
https://slimbeleggen.com/trends/new-york-stock-exchange-zorgt-revolutie-cryptoland/
Wait until you see what happens to Bit-Coin, when U.S. Crypto-Coinage starts up and begins to run... It will be "same as physical" when used... The only way to obtain U.S. Crypto-Coinage is to turn in your Physical U.S. Coinage in Exchange...
Thanks so much for giving you a good information about bit coins. And everyone will be happy to get this advice.@chinchilla
Thanks for share this . You have a new follower :-) Thanks
thanks a lot for your precious up vote on my post
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