Hong Kong Warns on Risks of Bitcoin Futures

[Rick Nolan]

On December 11 the Securities and Futures Commission (SFC) of Hong Kong published a circular that reminds that only licensed firms are allowed to offer bitcoin futures within Hong Kong. Investors are also reminded of the risks associated with these products.

Read more: https://hype.codes/hong-kong-warns-risks-bitcoin-futures

What is your opinion about bitcoin futures? Are you waiting for CME's launch?

[strugmo]

Bitcoin futures allow investors to bet on the price of Bitcoin without purchasing or participating in the network at all.  That's just going to add speculation and volatility to an already volatile market, and increases the likelihood of a price crash.