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Bitcoin Futures Get Push Back, Not Stop Light From Watchdogs

  • As cryptocurrency hits $11,000, CFTC scrutinizes derivatives
  • Agency has limited power to halt CME from allowing contracts
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Bitcoin Tops $10,000 Mark for First Time

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Bitcoin just passed $11,000 and a bid by the world’s largest futures exchange to make it even more mainstream is probably inevitable.

But that doesn’t mean U.S. regulators will let trading resemble the Wild West.