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RE: What do the introduction of Futures Products really mean for the price of Bitcoin?
I have a doubt what if US government stops all crypto exchanges? Then our coin will still be safe?
I have a doubt what if US government stops all crypto exchanges? Then our coin will still be safe?
If anything the introduction of a futures product further legitimizes the asset class with the regulators, both CFTC and SEC .. because I agree that drastic action against the exchanges will render chaos on the futures markets.
That's why it is not advised to leave all your money on such exchanges : they can shutdown for whatever reason. And you wouldn't be able to do much if this happens.