The Chicago Mercantile Trade (CME) has denied studies that it plans to listing regulated XRP and Solana (SOL) futures for buying and selling, CoinDesk reported.
An “Error” by CME
A CME consultant said that the leaked webpage indicating the potential itemizing of futures for the 2 cryptocurrencies from 10 February, pending regulatory approval, was an “error.”
“A beta web page from our web site was launched in error earlier immediately,” the spokesperson informed the crypto-focused publication. “Many mock-ups are included in that check atmosphere. No selections have been made relating to XRP or SOL futures contracts.”
The hearsay of CME’s potential itemizing of futures for the 2 cryptocurrencies started with a screenshot posted on X (previously Twitter), exhibiting a leaked beta web page from its web site.
@SynopticCom: CME simply added XRP and SOL futures web page to their staging subdomain. Web page says XRP and SOL futures are going reside on Feb 10 pending regulatory evaluation. Appears to be like like they’re getting ready for the official announcement. Brace for paradise.
As at all times, posted this primary on… pic.twitter.com/Am6fzLyApd
— Summers (@SummersThings) January 22, 2025
The Altering Crypto Panorama within the US
CME is without doubt one of the largest and most distinguished monetary and commodity derivatives exchanges on this planet. It’s a part of the CME Group, which additionally contains main exchanges such because the Chicago Board of Commerce (CBOT), New York Mercantile Trade (NYMEX), and COMEX.
CME was among the many first mainstream exchanges to listing Bitcoin futures in December 2017, alongside its competitor, the Chicago Board Choices Trade (CBOE). Nonetheless, CBOE ceased providing Bitcoin merchandise attributable to low demand.
In the meantime, CME continued to develop its crypto choices, including Ether futures in February 2021. It later launched micro contracts for Bitcoin and Ether futures to additional decrease the funding barrier.
A number of exchange-traded fund (ETF) issuers have utilized to the Securities and Trade Fee (SEC) for approval of XRP and SOL ETFs. Nonetheless, the regulatory physique has not but decided on these functions.
It’s price noting that the Commodity Futures Buying and selling Fee (CFTC), not the SEC, regulates crypto futures and choices listings. A media report additionally claimed that the Donald Trump administration had thought of giving the CFTC broader authority over US crypto rules.
Following the most recent rumours about CME itemizing XRP and SOL, the costs of each cryptocurrencies rose by about 3 per cent every.
The Chicago Mercantile Trade (CME) has denied studies that it plans to listing regulated XRP and Solana (SOL) futures for buying and selling, CoinDesk reported.
An “Error” by CME
A CME consultant said that the leaked webpage indicating the potential itemizing of futures for the 2 cryptocurrencies from 10 February, pending regulatory approval, was an “error.”
“A beta web page from our web site was launched in error earlier immediately,” the spokesperson informed the crypto-focused publication. “Many mock-ups are included in that check atmosphere. No selections have been made relating to XRP or SOL futures contracts.”
The hearsay of CME’s potential itemizing of futures for the 2 cryptocurrencies started with a screenshot posted on X (previously Twitter), exhibiting a leaked beta web page from its web site.
@SynopticCom: CME simply added XRP and SOL futures web page to their staging subdomain. Web page says XRP and SOL futures are going reside on Feb 10 pending regulatory evaluation. Appears to be like like they’re getting ready for the official announcement. Brace for paradise.
As at all times, posted this primary on… pic.twitter.com/Am6fzLyApd
— Summers (@SummersThings) January 22, 2025
The Altering Crypto Panorama within the US
CME is without doubt one of the largest and most distinguished monetary and commodity derivatives exchanges on this planet. It’s a part of the CME Group, which additionally contains main exchanges such because the Chicago Board of Commerce (CBOT), New York Mercantile Trade (NYMEX), and COMEX.
CME was among the many first mainstream exchanges to listing Bitcoin futures in December 2017, alongside its competitor, the Chicago Board Choices Trade (CBOE). Nonetheless, CBOE ceased providing Bitcoin merchandise attributable to low demand.
In the meantime, CME continued to develop its crypto choices, including Ether futures in February 2021. It later launched micro contracts for Bitcoin and Ether futures to additional decrease the funding barrier.
A number of exchange-traded fund (ETF) issuers have utilized to the Securities and Trade Fee (SEC) for approval of XRP and SOL ETFs. Nonetheless, the regulatory physique has not but decided on these functions.
It’s price noting that the Commodity Futures Buying and selling Fee (CFTC), not the SEC, regulates crypto futures and choices listings. A media report additionally claimed that the Donald Trump administration had thought of giving the CFTC broader authority over US crypto rules.
Following the most recent rumours about CME itemizing XRP and SOL, the costs of each cryptocurrencies rose by about 3 per cent every.
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