Tokyo Financial Exchange Plans to Launch Bitcoin Futures

[kreslik.news]

Following the example of some major exchanges in the US, one of the Japan’s leading financial exchanges, Tokyo Financial Exchange (TFX), is planning to offer Bitcoin futures.

Chief Executive Officer of Tokyo Financial Exchange, Shoza Ohta, told reporters that the exchange is planning to set up a working group in January to study the scope of cryptocurrencies. The listing of digital currencies on the exchange may require some changes to national securities laws.

As quoted by Bloomberg, Shoza Ohta said: “Once the Financial Instruments and Exchange Act recognizes cryptocurrencies as financial products, we will list the futures as quickly as possible. To ... (read more)