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CME eyes Coinbase's crown by launching spot Bitcoin trading to attract institutions
The Chicago Mercantile Exchange (CME), the world’s largest futures exchange, is reportedly planning to launch Bitcoin (BTC) trading in an effort to capture some of the U.S. market from Coinbase as institutional investors begin to increase their exposure to the cryptocurrency market. According to a report from the Financial Times, the CME Group has been in discussions with investors looking to buy and sell BTC on a regulated marketplace, according to three sources with direct knowledge of the talks. CME is currently the top Bitcoin futures exchange by open interest in the world – capturing the title from Binance ... (full story)