Tera Group, a bitcoin derivatives platform, recently announced that former New York Stock Exchange (NYSE) CEO Duncan Niederauer will be joining their firm as an Advisory Director. The firm has already gained approval from the Commodity Futures Trading Commission (CFTC), which is a financial regulatory agency in the United States, for its trading platform but the bitcoin derivatives have yet to ... Bitcoin keeps drawing attention. Still, banks and other legacy institutions may be dangerous in case the cryptocurrency threatens their revenues. ADAM Advisory Board Member and former CEO of the New York Stock Exchange, Duncan Niederauer, likened the establishment of these fundamental rules to those set 200 years ago by market leaders who together, drafted the rules which led to the eventual creation of the New York Stock Exchange. He said, “The advent of digital assets requires a ... ADAM’s members include NYSE’s former CEO, Duncan Niederauer, as well as Mike Novogratz’s Galaxy Digital, the global financial services company BTIG, the financial technology company Paxos, and the GSR, the crypto liquidity solutions provider. Share Article: Tags: cryptocurrencies cryptocurrency Jeffrey Sprecher. November 27, 2018 How Wall Street And Bitcoin relation will affect BTC price ... According to Duncan Niederauer, former CEO of the New York Stock Exchange and ADAM Advisory Board Member, rules are vital for the success of any market: "Rules are fundamental to the development of any market. Over 200 years ago, market leaders came together to draft rules that led to the creation of the New York Stock Exchange. The advent of digital assets requires a similar effort; one that ... A few weeks ago Bitcoin Magazine reported that Tera Group, which operates the first regulated U.S. Bitcoin derivatives exchange, will take a controlling stake in public company MGT Capital Investment to create the first publicly traded U.S. Bitcoin derivatives exchange.. On Monday, Tera Group announced the appointment of former New York Stock Exchange (NYSE) CEO Duncan Niederauer as an ... Former New York Stock Exchange (NYSE) CEO Duncan Niederauer has joined regulated bitcoin futures exchange TeraExchange as an advisor.
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