CME freezes Nasdaq’s major Bitcoin launch, warning a legal loophole could upend the entire commodities market
Nasdaq PHLX’s proposed Bitcoin index choices stay frozen as CME Group challenges the SEC’s authority to approve them. The Securities and Exchange Commission (SEC) granted CME’s petition on July 29 to assessment the company’s May approval of QBTC. The approval had been mechanically stayed since CME filed discover of its problem on June 11, and the…
