Mainstream finance views bitcoin with suspicion, and some people like JPMorgan CEO Jamie Dimon even think it’s a fraud that only exists so criminals can use it to deal in drugs and illegal firearms. Now the world’s largest derivative exchange, the Chicago Mercantile Exchange (CME), has put an end to these conspiracy theories.
It announced the launch of a bitcoin futures contract slated to start trading before the end of the year, thus legitimizing the cryptocurrency as a financial instrument.
