This move would make CME the latest traditional financial institution to enter the world of cryptocurrency. What is the CME Group? The CME Group is a global markets company that offers trading and clearing services in a variety of financial products, including futures and options. It is one of the largest derivatives marketplaces in the world, with a strong presence in commodities, interest rates, and foreign exchange markets. Some of the popular products traded on the CME include gold, oil, and stock indexes. What is Bitcoin? Bitcoin is a digital currency or cryptocurrency that operates independently of a central bank. It was created in 2009 by an unknown person using the name Satoshi Nakamoto. Bitcoin transactions are recorded on a decentralized digital ledger called the blockchain, which makes it a transparent and secure form of currency. The price of bitcoin is highly volatile and is often influenced by news and events in the cryptocurrency market. Why is CME Considering B...
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