The cryptocurrency went a long way toward developing its Street cred with two major announcements.
On the consumer side, Square, the small business payment systems company, is now beta testing some bitcoin transactions.
And on the institutional side, the CME, which is the world’s largest futures, options and derivatives exchange, plans to begin trading bitcoin futures in early December.
What set the financial world agog is the blockchain technology that supports bitcoin and other cryptocurrencies. While JPMorgan chief Jamie Dimon slammed bitcoin, he had praise for the technology.
I had the opportunity to speak with Brad Levy, the CEO of MarkitSERV and someone whom I hold in high regard…