Bitcoin Futures Launch in the UK

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Coinfloor have announced their group of cryptocurrency exchanges will now include Coinfloorex, a bitcoin futures exchange. Offering “institutional grade risk management and governance,” traders, hedge funds, and miners will get bitcoin futures “at scale” through “specifically designed cryptocurrency contracts and operational controls.”

“Our mission is to build a bridge between Fiat currency and cryptocurrency,” Obi Nwosu, CEO of Coinfloor stressed, “to drive the stability and sustainability of cryptocurrency. Numerous market participants are calling on existing cryptocurrency exchanges that provide futures contracts to switch from cash to physical settlement. However, making that transition will be very difficult for them to achieve. We understood this requirement from the start and have worked for over two years to bring this functionality to market. Now, institutional investors

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