The Commodity Futures Trading Commission's (CFTC) approval of Bitcoin derivatives has been hailed as a significant milestone by Coinbase's Ryan VanGrack.
Source
"Coinbase's Ryan VanGrack: CFTC Approval Paves Way for Bitcoin Growth" — Bitcoin Magazine
This article is Bitcoincryptos' summary and analysis of reporting originally published by Bitcoin Magazine. Read the full original report at the link above.
The regulatory green light is expected to increase investor confidence and boost adoption of Bitcoin-based products.
VanGrack also highlighted the potential benefits of proposed SEC rules, which could enable financial advisors to hold Bitcoin directly.
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