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    CME to launch futures contract on soaring bitcoin

    by Robert Channick, Chicago Tribune Oct 31, 2017 2 minutes

    With the price of bitcoin soaring, the CME Group announced plans Tuesday to launch a futures contract on the digital currency by year-end, offering a trading platform for investors - and perhaps some legitimacy for skeptics.

    The new contract, pending regulatory approval, will be based on the daily bitcoin reference rate, which topped $6,400 Tuesday and is up 500 percent for the

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