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JPMorgan, Citi will not immediately clear bitcoin trade: FT Report

Goldman Sachs Group Inc on Thursday said it is planning to clear bitcoin futures for some clients as the new contracts go live on the exchanges in the coming days

Reuters 

Bitcoin

Big Banks, including JPMorgan Chase and Citigroup will not immediately clear trades for clients once Cboe and CME Group start trading contracts in the next week, the Financial Times reported, citing people familiar with the matter.

Group Inc on Thursday said it is planning to clear for some clients as the new contracts go live on the exchanges in the coming days.

JPMorgan and Citigroup did not immediately respond to requests for comment.

First Published: Fri, December 08 2017. 20:48 IST
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