ICE Chief: more trust in Satoshi nakamoto than the US federal reserve

JEFFREY Sprecher, International Exchange Inc (ICE’s) chief executive, said that he won’t rule out the possibility of launching cryptocurrency future contracts on one of the exchange operator’s trading platforms. 

ICE is the owner and operator of the New York Stock Exchange.

He said: “There is a trend here we can’t ignore in my mind, so I don’t discount it,” Sprecher said. “People put more faith in a guy named Satoshi Nakamoto that no one has ever met than they do in the US Fed.

“It’s early days,” but “People are more comfortable in technology than the institutions of government and society that I grew up with,” he said. “I wouldn’t rule out anything around currency.”

ICE also partnered with a cryptocurrency startup called Blockstream to launch a crypto data stream.

Bitcoin futures are available on two US exchanges which are based in Chicago – CBOE and CME.

Last month, the Securities and Exchange Commission (SEC) had begun thinking up an ICE proposal from December 2017 this would inevitably allow the company list two Bitcoin ETFs on NYSE Arca

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