CME has launched pricing indices for XRP and ICP. What does it mean?
XRP's new milestone after Chicago-based derivatives exchange CME Group announced its plan to launch real-time indices and reference rates for the cryptocurrency in collaboration with CF Benchmarks. Garlinghouse has commented that having"a trusted benchmark reference rate" is the first step toward institutional crypto products."The market has spoken," the Ripple boss added.
Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at [email protected].
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