JPMorgan, Citi not willing to support launch of bitcoin futures: FT
Reuters
Published Dec 08, 2017 08:29AM ET
JPMorgan, Citi not willing to support launch of bitcoin futures: FT
(Reuters) - Big Banks, including JPMorgan Chase (N:JPM) and Citigroup (N:C) will not immediately clear bitcoin trades for clients once Cboe Global Markets (O:CBOE) and CME Group (O:CME) start trading futures contracts in the cryptocurrency next week, the Financial Times reported, citing people familiar with the matter.
Goldman Sachs Group Inc (N:GS) on Thursday said it is planning to clear bitcoin futures for some clients as the new contracts go live on the exchanges in the coming days.
JPMorgan and Citigroup did not immediately respond to requests for comment.
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Written By: Reuters
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