Some Wall Street banks won't offer access to the first Bitcoin futures market

Re:Some Wall Street banks won't offer access to the first Bi... by ringaroundthetx on Friday December 08, 2017 @07:13AM (#15878191)

This is worth paying attention to though, the CFTC has traditionally had a lackadaisical approach to approving financial products, where other agencies are typically risk averse and out in much more rigor

This has led to Congress itself banning futures products

There are two futures contracts explicitly banned in the US, and another could easily ride into the tax reform bill

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Re:Some Wall Street banks won't offer access to the first Bi... by buttcoinslol on Friday December 08, 2017 @09:48AM (#15878924)

I know about cornering the onion market and the Onion Futures Act, what is the other banned futures contract in the US?

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Re:Some Wall Street banks won't offer access to the first Bi... by ringaroundthetx on Friday December 08, 2017 @06:41PM (#15883085)

Box office futures

(Speculating on how many movie tickets would sell for a new movie, would be a great way to hedge and speculate)

This was shut down by congress right before it started, last minute addition to the financial reform bill while simultaneously getting the all clear from cftc

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