Has The Future Of Bitcoin Futures Changed?

When Bitcoin futures were launched in 2017 by the Chicago Mercantile Exchange and the Chicago Board of Exchange, they precipitated a fall in cryptocurrency prices that the market has not recovered from since. Should Bakkt’s physically deliverable Bitcoin futures herald a different outcome?

James Stoker Cunningham III stood bolt upright as he smoothed the lapels on his four thousand-dollar Gieves & Hawkes suit, acquired on a recent visit to London’s Savile Row. As he stood to speak, Cunningham III, or “Cunny” as he was known to his friends seem nonplussed,

Contract was on lock-down. (Image by Steve Buissinne from Pixabay)

“And so you see your honor because the Supreme Court had decided in Williams v. Sonoma, this court is bound by precedent to rule in my client’s favor.”

The district judge looked up from his glasses and with a deep sigh of resignation,

“Whilst it pains me to have to rule in such a manner, counsel has to his credit reminded me that I am bound by precedent to decide this case in favor of…