New York Stock Exchange Owner Is Planning To Let Customers To Buy Bitcoin

Everyone has started showing interest in Cryptocurrency and Bitcoin. There are several ways to invest in Bitcoins. Finding the correct investing technique and maintaining it is definitely an uphill task.

New York Stock Exchange (NYSE) owner intended to let their customers buy and hold Bitcoin. NYSE seems to be pursuing the footsteps of other Wall Street giants like Goldman Sachs which are making related moves.

New York Stock Exchange
Source: HousingWire

Apparently, the Intercontinental Exchanges who are the owners of New York Stock Exchange was planning to offer traders contracts which would result in customers owning digital currencies.

Moreover, Goldman Sachs is also preparing to launch Bitcoin futures in the coming weeks after their executive a verified that it was indeed true that they would trade the prospects.

Goldman Sachs

New York Stock Exchange
Source: HousingWire

For their decision ICE had conversations with other financial institutions about which banks would buy smart contracts which allow customers to own Bitcoins which will be backed by the exchange itself.

Further, if both ICE and Goldman Sachs go on with their plans, then they would be joining a large mass of traditional financial organisations engaging in crypto trading.

Also, some journals in the US have shown both roasting and uptrends of cryptocurrencies. Recent headlines like Warren Buffett slaying Bitcoin and cryptocurrencies by stating it as rat poison.

Many financial institutions are joining the cryptocurrency sector with governments like Venezuela having their own national digital currency.

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