This past April, news.Bitcoin.com reported on the Bitcoin futures markets offered by the two derivatives giants Cboe and CME Group and how contract volumes were steadily rising. This month, while BTC-spot prices slide to significant lows, both futures products from these two companies are still seeing increased demand for contracts. Also Read: A New Cryptocurrency Radio […]
The top three credit rating agencies, S&P, Moody’s and Fitch, said they consider Bitcoins future exchanges to be risky business, and that banks which clear Bitcoin futures contracts could have their credit rating downgraded if Bitcoin futures trading volume continues to grow. The credit rating agencies assign letter grades to banks, corporations, and governments to […]
Ratings agency Fitch released a statement on Tuesday with regard to bitcoin acceptance in the corporate playground. The agency says they have observed “great corporate acceptance” of the digital currency in The post Fitch Ratings Observes Greater Corporate Acceptance of Bitcoin appeared first on NEWSBTC.
Fitch Ratings believes bitcoin is still too small to affect traditional payment systems and national currencies.