Tokyo Financial Exchange Planning Bitcoin Futures Launch

A futures exchange in Tokyo is reportedly taking the first steps toward launching bitcoin-related products.

Bloomberg News said earlier today that Tokyo Financial Exchange has formed a working group as part of an early effort to start listing futures contracts based around the cryptocurrency. As the news service explained, this would constitute a first step toward pushing for a change in Japanese national law that would clear the runway for a bitcoin future.

The disclosure came on Dec. 1 during a press conference held by CEO Shozo Ohta, during which he said that the exchange would seek to move quickly pending regulatory approval…

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