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The U.S. Securities and Exchange Commission has approved Nasdaq’s proposal to launch Bitcoin index options.
The SEC has approved Nasdaq's proposal to launch Bitcoin index options on an accelerated basis.
KEY POINTS
- These options will be based on the CME CF Bitcoin Real Time Index, updating prices every 200 milliseconds.
- The Bitcoin index options will be cash-settled European-style contracts, not spot Bitcoin ETFs.
- Nasdaq's Bitcoin index options still require Commodity Futures Trading Commission approval before trading can begin.
- The SEC has delayed rulemaking for tokenized U.S. stocks, raising uncertainty about digital asset regulation.
COMPANIES
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