The Nasdaq Is Still Determined To Launch Bitcoin Futures Contracts Despite A Drop In The Market

• The Nasdaq has renewed its pledge to launch futures contracts in the first quarter of 2019 despite lower prices on the market today, according to unidentified sources.

Nasdaq operates to meet the requirements of the CFTC Committee
In their conversation with Bloomberg on November 27, revealed "two people familiar with the subject" that despite the low price Alpetkoan to $ 3721.87, the American Stock Exchange on its way to obtain regulatory approval on the futures product.

According to unnamed sources, NASDAQ is working to meet the concerns of the Commodity Futures Trading Commission ( CFTC ), before the contracts are launched.

NASDAQ announced for the first time that it would like to offer futures contracts in November 2017. On the occasion, both CME and CBOE were the first to win the race one month after the launch of the contracts, with 2018 having mixed odds. It was originally intended to be issued in the first half of this year but was not realized.

The fall in price did not dampen the Nasdaq's resolve
The CFTC did not respond and did not respond to the Bloomberg report, which is strange as regulators are keeping an eye on all developments and every turnaround in the digital currency sector this month.

As CNBC reported on Tuesday, Jay Clayton, chairman of the Securities and Exchange Commission ( SEC ), declined to comment on the status of the ETFs and on the upcoming ICO legislation.

If NASDAQ succeeds in launching a future product in the first quarter of next year as promised, it is likely to come on a market rally following the launch of futures contracts scheduled to come to the market by the Bakkt platform on January 24.

Initially scheduled for December 12, regulatory considerations delayed the release, with officials highlighting the need to prearrange all things according to plans and standards in advance.

At the same time, Nasdaq has been active elsewhere in digital currency, claiming recently that market monitoring technology can help stop market manipulation.